You are here: Home - News -

ASU cover for driving instructors

  • 01/01/2000
  • 0
Compass Underwriting has launched a flexible accident and sickness plan for driving instructors. Com...

Compass Underwriting has launched a flexible accident and sickness plan for driving instructors.

Compass, the specialist Lloyd’s-based consortium manager, teamed up with the Driving Instructors’ Association (DIA) to develop the specialist product which will be sold through the DIA’s brokers.

The scheme offers cover for classroom trainers and the busiest of road and track instructors providing insurance in the event of accident or sickness, including stress.

Andrew Briant, Compass managing director, believed the underwriting firm had identified a core value in group markets of which the DIA was just one.

He said: “Accidents and sickness can happen to anyone, particularly in a high profile job like driver training.”

Graham Fryer, chief executive of the Driving Instructors Association, said the initiative reiterated the association’s commitment to its 10,000 members. He said: “We are to driving instructors what the British Medical Council is to doctors. It is unusual to have so many self-employed people who fall under the one roof.

“Being self-employed means a product like this becomes even more important. Driving instructing is a cottage industry but this represents an exciting step forward and our members are looking forward to this product with great enthusiasm.”

The DIA plan offers tailored cover with unisex premium rates and no age loading up to 61. Benefits are tax free and most amateur sports and hobbies are covered.

There are six levels of cover, all of which offer cash in the case of accidental death, dismemberment, accidental permanent total disablement and cash each week as income protection.

Accident plans start at £5.25 a month; accident and sickness start at £11.50 going up to £26.00 per month for the Premium plan which pays £100,000 for death/disablement; and £250 a week in income protection for 52 weeks.


There are 0 Comment(s)

You may also be interested in

Business Skills

In this section, we offer short ‘how to’ guides on harder to crack areas of business. From social media, to regulation or niche product areas, we cover it all.


Our journalists interview key industry entrepreneurs, strategists and commentators for day-to-day market insight and a strategic view of where the industry is heading. We offer lessons for success and explore the opportunities for your business

Success in Practice

Here, we share case studies fleshing out best practice to help you decide what could work for your business. Take a look at how others approached complex tasks like launching a new mortgage lender, advising on a new product area or deciding to specialise in another. Learn from others mistakes and triumphs.


Each week, we ask top mortgage and property commentators with a unique perspective to examine a key news headline, market move or regulatory or political issue.


Vote in our weekly poll here. It’s your chance to tell us what you think and be heard on the top news stories of the week. Review our archive to find out what your industry really thinks and all our coverage of the results.

Top Comments

Be part of the conversation on Mortgage Solutions. We want to hear from you. We have a tool called Disqus to tell us which stories get the most comments each week. Every Friday, the team picks the most thoughtful or opinionated contributions from our readers to enjoy again. Don’t forget to share your favourite stories from the site on social media to keep the conversation going.
  • Todays Mortgage Administrator iVent programme: author Chris Croft discusses communication skills, @AldermoreBank's…
  • My week on Twitter 🎉: 104 Mentions, 47.7K Mention Reach, 66 Likes, 50 Retweets, 41.6K Retweet Reach. See yours with…
  • Our first day of the Mortgage Administrator iVent has been a great success – don’t forget to join us again tomorrow…
  • RT @DanielleDennis9: Our first ever virtual event is looking great! Make sure you log in today, take a look around the stands and watch the…
Read previous post:
NatWest backs down on redemption fees

NatWest is to cap its early repayment charges on fixed rate mortgages, removing uncertainty for bor...