Following Quick Tips for Easy Insurance
Here are some tips to help make your insurance experience as hassle-free as possible:
If you want to use an insurance broker, choose a suitable one and agree terms.
You can access a broker through the British Insurance Brokers’ Association; find a broker service at www.biba.org.uk
or call 0870 950 1790.
Identify the risks and exposures to your organisation.
Put a risk-management and BC plan in place to ensure that your risk is as attractive as possible to an insurer; test the plan and keep it up to date.
Identify the insurance products that you absolutely need to have, including legal and contractual requirements. Make sure that you identify your most valuable and important property so that they can be protected, and be sure to discuss the appropriate business interruption period with your insurance broker or insurance company (this is the period you require financial support while your business is unable to trade or suffers a reduced turnover ...
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