2-YEAR FIXED PRICE CAR INSURANCE

1. Saga’s 2-year fixed price benefit is offered to you for a 2-year period. Your total price (including the policy set-up fee, any monthly interest charges and the price of any additional cover options taken out at the start of your 2-year fixed price period) is the price you will pay each year of the fixed price period, subject to these 2-year fixed price Terms and Conditions.
2. The Saga 2-year fixed price benefit applies to a Saga Plus policy taken out at the start of the 2-year fixed price period and renewed for the following year. You may cancel your policy at any time, in accordance with your cancellation rights (please refer to your Policy Book (page 37)), and your Saga 2-year fixed price policy will end.
3. During your 2-year fixed price benefit, if we are able to offer you a lower price at your renewal then the lower price would be effective upon renewal of your policy in the second year. If this happens your excesses and endorsements* may change and will be confirmed in your following year renewal documentation. If the new terms do not meet your needs, you have the option to keep your current policy price and terms. You will need to let us know if you want to do this.
4. The price of your insurance may change during the 2-year Fixed Price period if:
   1. You make any changes to your policy or amend your cover options at any time. Such changes may result in adjustments to the price (either lower or higher), excess amounts, and/or policy endorsements. We will work out any changes to your price for the rest of the policy year and update your annual 2-year fixed price.
   2. You or your named drivers are convicted of a motoring offence that leads to a change in the price of your policy. This price change will not take effect until the next annual policy renewal after the conviction occurred.
   3. You or your named drivers make a claim on another policy or on this policy which is not excluded in 4d. This price change will not take effect until the next annual policy renewal after the claim occurred.
   4. Your 2-year fixed price will not be affected by claims you make on this policy for damaged windscreens and windows, replacement locks and keys, or claims we have accepted under our Vandalism Promise, Uninsured Driver Promise, Claims Promise, if they have occurred in your current fixed price period. Once the current fixed price period ends, these claims may affect your new 2-year fixed price and terms.
   5. There is a change to Insurance Premium Tax (IPT). Any change in IPT will take effect at the next annual policy renewal.
   If the new terms do not meet your needs, you have the option to cancel. Please refer to your Policy Book (page 37). Upon cancellation of the policy your Saga 2-year fixed price policy will end.
5. There may also be occasions where we cancel your policy or may not be able to continue to offer you cover such as:
   1. Changes to your circumstances (such as changing your vehicle/moving house, making multiple claims, being convicted of multiple or serious driving offence(s)).
   2. Fraud, or deliberately or recklessly providing us with incorrect information.
   If this happens, your policy will be cancelled in line with our cancellation process and a full list of reasons is shown in your Policy Book (page 38). Upon cancellation of the policy your Saga 2-year fixed price policy will end.
6. The Saga 2-year fixed price benefit is not available with Saga Standard and Select cover.
7. The Saga 2-year fixed price benefit is provided by Ageas Retail Limited. Registered in England and Wales. Registered office: Ageas House, Hampshire Corporate Park, Templars Way, Eastleigh, Hampshire, SO53 3YA. Ageas Retail Limited is authorised and regulated by the Financial Conduct Authority, Financial Services Register reference number: 312468.

*Endorsement – An endorsement is an extension or restriction to your policy. An endorsement can include:

1. An exclusion – things your policy will not cover. Examples of this might be if your vehicle has alloy wheels that do not have locking wheel nuts, you may not be covered for theft of your alloy wheels.
2. A condition of cover – existing policy cover remains in place, but there are things you must or must not do to remain fully protected. Examples might be having a high-risk vehicle, which means the Underwriter may require you to have an approved security device active on your vehicle, or to keep your car in a locked garage overnight when it’s at home and you’re not using it.