Claim Tips
- Never accept liability
- All incidents must be reported immediately.
- Always secure all damaged property
- Take all reasonable steps to mitigate loss
Property Tips
- Buildings and contents should be insured at the present replacement cost.
- Building values should be inclusive of professional fees, debris removal & all taxes.
- VAT will be deducted from a claim settlement once your company is VAT registered.
- Policy penalties are applied when you underinsure.
- Valuables are fully covered only when supported by valuations.
- Jewellery is usually limited to $500 per item and a maximum of $2500 unless certified valuations are provided.
- Electronics are fully covered only when a listing is provided.
- Electronics are usually limited to these same amounts unless model and serial numbers are provided.
- Items which you require cover away from the home should be noted.
- You must provide a safe work place, training and supervision for your employees.
- Do not relocate or renovate without giving prior notification.
Motor Tips
- A list of all drivers should be noted on the policy.
- All drivers’ licenses must be current.
- All non-nationals must have visitor’s permits.
- Drivers under 25 years and driving less than 3 yrs or undeclared carry very high deductibles.
