Under-insurance is one of the greatest problems the team at Loss Management International see day in day out when they attend to claims.
Rather than let the problem continue, Risk Management International have partnered with one of Australia's leading insurance property valuation companies: Andrew Nock Valuers.
While Risk Management International provides business interruption sum insured reviews or financial risk valuations, the physical assets are also able to be valued in accordance with Policy conditions.
In both cases, the cost effective service provides the Insured with a free desk top review for the next two years as a further risk mitigation strategy against under-insurance.
Remember, accounting gross profit is not the same as insurable gross profit just as the replacement value of your assets is completely different from the written down book value. To ensure you get it right, use the experts. It may just be the best investment you ever make.