Mutual Bonus

Our way of saying thank you

Unlike many other insurers, we pride ourselves in rewarding our loyal General Insurance (GI) customers for renewing their policies with us. We do this through a Mutual Bonus, which for over 20 years, has provided our customers with a saving on the renewal premium of their GI policy.

Over 850,000 policyholders insure their farms, businesses, homes and cars with us. Mutual Bonus is a very important way of showing our appreciation to our loyal customers.

Mutual Bonus at a glance

  • Mutual Bonus is calculated as a percentage of each individual policy renewal premium
  • It provides a saving on your general insurance premium when your policy has been active for one full year and is renewed
  • Renew for a fifth year or more and benefit from the maximum saving
  • Mutual Bonus saving rates may change.

Mutual Bonus rates for renewals between 1st July 2023 and 30th June 2024*:

Renewal Year (1st July 2023 to 30th June 2024)

1st year of renewal

2nd year of renewal

3rd year of renewal

4th year of renewal

5th year or more of renewal

Mutual Bonus saving






*If you are viewing this page on a mobile device, please turn your device horizontally to view the table.

Mutual Bonus rates are not guaranteed and may fluctuate.