Statement with regard to FATCA



"The Foreign Account Tax Compliance Act (FATCA) includes business contracted outside the United States which involves risk "touching" the US.

This "touch" means that any policy covering US property or liability risks in the US (including TRAVEL Insurance with US coverage) is subject to US IRS withholding tax of 30% unless exempted.

See  Exemption Certificate in the event of any US enquiries relating to any policies which may fall within this category."