Category: Managing Deductibles and Programmes
Published: 26 September 2017
Underinsurance can lead to reduced claims settlements for customers and can make it significantly harder for them to recover following a loss. Despite the gravity of its consequences, underinsurance remains a major problem for the insurance sector.
We have produced an infographic for brokers to discuss and share with customers, which explains some common causes of underinsurance - and some of the potential solutions across different business lines.
• What is underinsurance?
• Business interruption.
Rating: + 8
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