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Major News That Will Impact Personal Injury Claims Payments

In major news that will affect millions of business insurance and motor insurance policyholders the Government has announced a new basis for calculating and reviewing the discount rate, also referred to as The Ogden Rate. This is the calculation used for

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The Discount Rate – How will it affect you?

As of 20th March 2017 the calculation used to determine the lump sum compensation to claimants who have suffered life changing injuries will change from 2.5% to -0.75%. The Discount Rate also known as the Ogden Rate has not changed

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