1. Definition
Slice Back is an offer that reimburses a percentage of the insurer premium for the core motor insurance product from the expiring annual insurance period, provided there have been no fault claims during that period. Additional product premiums, fees and finance charges are excluded but it includes any premium adjustments during the annual policy period.
The reimbursement percentage will be confirmed at the start of each relevant annual policy period.
2. Eligibility
- Available to Pizza Car Annual (12 months) Insurance policyholders only.
- The policyholder and any named drivers must not make a fault claim or have been involved in any incidents that may lead to potential fault claims during the policy period.
3. Claim Requirements
- A fault claim is any claim where the driver is fully or partially at fault or where the insurer cannot recover their outlay in full (e.g., fire, theft, vandalism, or damage by unknown/uninsured drivers).
- The insurer determines the fault claim status.
4. Timeframe
- The policy must run the full 12 months to qualify. Early cancellation (by the policyholder, insurer, or Pizza Insurance) forfeits the Slice Back.
- The policy term is shown on the Certificate of Motor Insurance.
5. Limits
- Subject to eligibility, a specific percentage, stated at the start of the qualifying annual period of insurance, will be reimbursed.
- If the renewal invitation makes reference to the premium for the previous annual period of insurance this will show an annualised figure taking into account any changes that may have occurred during the annual period of insurance and this may not equate to the premium paid by the policyholder during that period.
- This offer can be withdrawn at any time. Existing customers will receive at least 12 months’ notice before withdrawal.
6. Payment Method
- The Slice Back amount is deducted from the quoted renewal premium for the core Pizza motor insurance product.
- If no renewal is offered or the policyholder doesn’t renew, the policyholder must request payment within 90 days after the policy lapses.
7. Exclusions
- The policyholder will not qualify for Slice Back if:
- The policy does not run for its full annual period.
- A fault claim occurs.
8. Processing Time
- If the policy lapses, the Slice Back becomes available 30 days after the expiry date.
9. Claims and Incident Reporting
- Report all claims or incidents as soon as possible.
- Inform us of any incidents we are unaware of before renewing the policy or claiming the Slice Back.
- Make a declaration to confirm no claims and incidents have occurred when claiming the Slice Back.
10. Fraud
- Fraudulent claims or failure to disclose incidents will result in forfeiture of Slice Back.
- If the Slice Back has already been paid, we will recover the amount and may cancel any active products.
