Tag Archives: underinsurance

employee health and wellbeing, protection

Employee health and wellbeing: for the many, not the few

Employee health and wellbeing is something that all organisations should be thinking about, yet according to recent research, only 8%[i] of workplaces have a specific strategy in place. Of course,…

flood rain extreme weather

Extreme weather events are becoming more regular. Is your business prepared?

Whether you believe in climate change or not it is clear from the events both at home and abroad that your business needs to be prepared and protected. Hurricanes, floods…

insurance premium tax IPT

Insurance Premium Tax (IPT) increases

On 1st June 2017, Insurance Premium Tax (IPT), a tax on general insurance premiums, will increase from 10% to 12%. The increase to the IPT will apply to all policies…

Financial Wellness

Could your insurance policy put you out of business?

In a world that is constantly changing it is perhaps unsurprising that 73% of small to medium sized enterprises (SMEs) recognise that there are new potential risks to their business…

retirement support

High net worth individuals need more appropriate IPMI policies, says Jelf International

The International Private Medical Insurance (IPMI) needs of high net worth individuals needs better consideration, according to Jelf International. The company believes that understanding the requirements of such individuals and…

Rolex, watch, time. Under-insured

Make sure Rolex price increase doesn’t leave you under-insured.

Last month saw Rolex implement a 10% price increase across their range. Why has this happened? The UK’s decision to leave the EU has seen the pound fall against other…

Brexit

The Brexit effect on insurance valuations… and other Trumpredictable scenarios

UK businesses that import equipment and raw materials from foreign currencies may be affected by currency fluctuations following the UK’s vote to leave the EU. When dealing with a recent…

The True cost of Underinsurance

Underinsurance is a growing issue, and people often underestimate the value of their property, leaving them caught out at the crucial moment. Finding out you’ve only insured your property for…

Hope for the best and plan for the worst: reducing the impact of loss of property

In the face of property loss or damage, a business can suffer hugely. Not only could it be out of business for a period of time but it can also…

property

Country hotel insured for less than half of its value!

A recent survey found that 80% of businesses are underinsured. Underinsurance could expose you to a major shortfall should you ever need to make a claim making it significantly harder…