Historical coverage

The contracts for the Fund are signed annually, so the policy differs from year to year. The charts below shows the trend of the total LGPIF Insured Values, premiums and fees from 2003/04 to 2014/15.

We can see that both the premiums and insured value have grown greatly over the years. The insured value has grown 33% over the past year and grown over 146% over the past 10 years. The premiums and fees, on the other hand, has grown 27% over the past year and grown 113% over the past 10 years. This indicates a positive relationship between premiums and insured value; the more we pay, the more coverage we will receive for LGPIF.