Have you ever considered the true cost of losing your licence and how your lifestyle would change?
My Licence Protection is designed for a driver where the ability to drive is an essential part of earning their living whether, for example, as a travelling salesperson, or as a driver of a taxi, a private-hire vehicle, a coach or a goods vehicle.
The policy offers cover, not only for the loss of a driving licence due to the totting up of penalty points or a court order, but also where you are unable to drive for a health-related reason and, where special licence is required to drive a particular class of vehicle in order to earn a living, the suspension or loss of that special licence.
Alternative Transport
Reimbursement for alternative transport costs to assist you to get to where you need to be.
Legal Cost
Cover to pay Magistrates’ Court fees in the case of a successful appeal against a suspension of a licence granted by a licencing authority or a traffic commissioner, where that licence is required for your occupation.
Income Protection
Loss of occupational income attributable to the inability to drive due to disqualification, either through the totting up of penalty points or a court order, disability or ill health or the revocation (or, in the case of a taxi or private hire vehicle suspension) of a licence needed to drive a regulated vehicle for the purposes of your occupation.
Accidental Death
A capital sum in the event of your accidental death to help those who are close to you when they need it most.
Would you be able to get to work, socialise and meet the demands of your busy family life?
If the ability to drive is critical to your daily routine, My Licence Protection can help.
Customise your cover!
Bronze
- £5,000 Transport Costs*
- £500 Legal Costs
- 65% of your Income** protected up to a maximum income of £25,000
- £10,000 Accidental Death Benefit
Silver
- £7,500 Transport Costs*
- £500 Legal Costs
- 65% of your Income** protected up to a maximum income of £50,000
- £10,000 Accidental Death Benefit
Gold
- £10,000 Transport Costs*
- £500 Legal Costs
- 65% of your Income** protected up to a maximum income of £100,000
- £10,000 Accidental Death Benefit
* Per Year. Premiums include 12% Insurance Premium Tax.
**Occupational Income
- to apply you must be aged 21 or over and under 62 years old and have held a full driving licence for a minimum of two years,
- you must have no more than 8 penalty points at the time of applying,
- alternative transport costs up to £10,000 a year, subject to a maximum of £1,000 in any calendar month,
- legal cost up to £500,
- protection for up to 65% of occupational income (dependent upon the level of cover chosen, up to a maximum income of £100,000),
- accidental Death Benefit of £10,000,
- 12 months cover which may be renewed,
- if policy premiums are stopped the cover will cease,
- speedy, online application with a decision straight away; and
- My Licence Protection is underwritten by Hiscox, an award-winning specialist insurer and covered by the Financial Service Compensation Scheme (FSCS).
