Renewal Rewards
Renewing your policy with Islands can save you money on your insurance policy, whether it’s your car, home or business. Your loyalty matters and our in-house policies with NFU Mutual allow us to reward you for staying with us by awarding their annual Mutual Bonus saving.
What is the NFU Mutual Bonus?
The Mutual Bonus is calculated as a percentage of each individual policy renewal premium.
It provides a saving on your general insurance premium when your policy has been active for one full year and is renewed.
The longer you stay with us the more you save! Renew for a fifth year or more and benefit from the maximum saving.
Mutual Bonus saving rates may change.
NFU Mutual Bonus Rates
Renewal Year (1st July 2024 to 30th June 2025)*.
Mutual Bonus rates are not guaranteed and may fluctuate.
| Renewal Year (1st July 2024 to 30th June 2025) | 1st year of renewal | 2nd year of renewal | 3rd year of renewal | 4th year of renewal | 5th year or more of renewal |
| Mutual Bonus saving | 5.5% | 6.5% | 7.5% | 8.5% | 10.5% |
*If you are viewing this page on a mobile device, please turn your device horizontally to view the table.
NFU Mutual Bonus Rates
Renewal Year (1st July 2023 to 30th June 2024)*.
Mutual Bonus rates are not guaranteed and may fluctuate.
| Renewal Year (1st July 2023 to 30th June 2024) | 1st year of renewal | 2nd year of renewal | 3rd year of renewal | 4th year of renewal | 5th year or more of renewal |
| Mutual Bonus saving | 7% | 8% | 8% | 9% | 12% |
*If you are viewing this page on a mobile device, please turn your device horizontally to view the table.