The rules surrounding a law implemented by the US Treasury called the Foreign Account Tax Compliance Act (FATCA) changed on the 01st January 2017. The law is intended to combat tax evasion by US tax payers who have investments outside of the USA. Whilst MOFS does not write business in the US territory, the Act applies to UK policies placed by US citizens or US residents and also brings in the risks including travel insurance were the policy extends to provide cover to anybody who visits the USA.
We are required to publish details of our FATCA Compliance and in consequence you will find links below to the forms that we need to make available to any interested party.
Please refer to the form by Clicking Here.
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