Amendment of the insurance premium system since the 2023 policy year for FD&D To the Members We had announced changing the insurance premium system from the 2023 policy year, however, we would make an amendment in relation to the FD&D as follows:   (before) 50% of the total Premium must be paid when the policy starts, and 50% on 20th August. (after) The daily prorated Premium must be paid when the policy starts and on 20th August. (This is the same as the current payment system.)