Please note: The fourth tab shows the reduction by £7,500 spread across the three (3) policies.

 

This is calculated using the formula: (Reduction amount (7500) ÷ Total amount of the threes policies (88500)) × individual policy

 

Thus, (7500÷88500) × 42500 = 3601.70 for the 1^st policy

 

          (7500÷88500) × 16000 = 1355.93 for the 2^nd policy

 

          (7500÷88500) × 30000 = 2542.37 for the 3^rd policy

Related Topics

Initial Entry Screens