As it sounds, an insurance policy that applies for a full year rather than another specified period of time such as a holiday insurance policy.

It is an insurance policy that is applied throughout the year round and not limited to any specific period.

A policy issued for a 12-month period.

Insurance policy written for a term of one year or renewed one year at a time.

Designed for clients with small turnover of Goods in Transit. A deposit premium is paid and this is adjusted at the end of the year based on declarations made.