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A simple guide to underinsurance

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.

Areas covered:
• What is underinsurance?
• Property.
• Business interruption.
• Liability.