|
that when times are tough you soluhd make sure you isunre correctly so if something does happen, it will not destroy your business altogether. At the same time and being realistic, when money is short, you need to do all you can to reduce overheads and insurance is usually one of them. Its about getting the balance right and its really up to professional commercial brokers to work with the client in making sure they are aware what is isunred and what is effectively, self isunred. The industry gets a bad name when the insurance cost is reduced (along with the cover) and the client does not fully realise what cover has been taken away. Underinsurance soluhd not be an issue if the correct advice has been provided.
|