Launched – New TSA Cost Summary

Today sees the launch of our new TSA Cost Summary and before you see your first one we thought we’d provide you with more details on what to expect to help you find your way around.

Firstly, please remember that TSA and Intermediary fees will now only appear on the TSA Cost Summary and not on the quote documents. These have been calculated and displayed in line with current legislation.

The new TSA Cost Summary is made up of the following parts:

  • Part 1: Cover sheet
  • Part 2: Summary of all costs similar to the previous version with more info, e.g. cost as a percentage of total salary bill and TSA Fee breakdown
  • Part 3: A more comprehensive benefit structure summary
  • Part 4: Detailed cost breakdowns per insurer that show the costs per category and benefit in a number of ways, as well as a sheet detailing the cheapest option per benefit across insurers (please note that only some benefits can be taken on their own with certain insurers)

Should you require more information, please contact your Associate or the office.

Thank you and regards,
The TSA Team

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All information provided in TSA Connect newsletters is intended to inform and explain, but please remember to always check the current terms on policies when considering options and advising clients.

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