It might be interesting to know what the cash in hand reserves are as this needs to be added to the 40% to reach the figure the committee are frightened of...........is there a history of claims? My question unanswered so far......
Nick
I've haven't had a car accident for 30 years, but I still insure myself. I suspect a similar logic is being used. The excess for loss of life or limb at events probably requires a cash reserve being accrued. Just guessing.
