So, as an industry, we abandon our customers? In today`s market, when insurance companies compete and offer discounts on new transactions, loyalty may not always be rewarded. If the hall chooses to breach the obligation by changing insurers in the middle of the 3- or 5-year period, it may be required to repay the account received in previous years when the commitment was in effect. The standard of the insurance industry is to honor LTU`s where they legitimately exist. So before deciding whether a long-term deal is a good idea or not, do you think about who will benefit the most – you, your existing insurance broker or insurance company? As a rule, a 5% discount is allowed for a 3-year contract and 10% for a 5-year contract. .