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  • M3

Putting a value on your business equipment

Underinsurance can have unexpected and severe consequences for some businesses

Many businesses make understandable mistakes when trying to determine their plant and machinery sums insured

Setting the correct sum insured requires careful consideration of a number of factors, and a thorough knowledge of the policy terms 

For businesses that rely on key equipment, underinsurance can have unexpected and severe consequences. Simply using the purchase cost for valuing assets is a mistake made by many, resulting in inaccurate sums insured and inadequate claim settlements. 

Want to know more? Simply click here or contact Real Insurance Solutions on 01223 528945 where our trained team will be pleased to help you

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Real Insurance Solutions Limited | 6, Baycliffe Close, Cambridge, CB1 8EE | Company reg. no. 6882957 | T. 01223 528945 | M. 07986 006833 | This email address is being protected from spambots. You need JavaScript enabled to view it.

Real Insurance Solutions is an Appointed Representative of Ten Insurance Services which is authorised and regulated by the Financial Conduct Authority | Copyright © 2013. All Rights Reserved.