A claim is the occurrence of an insured peril upon which the liability of an insurance policy is engaged. In other words, you have suffered a loss covered by your insurance policy and which now qualifies you to seek indemnity (compensation).
Many unfulfilled claims expectations are as a result of not knowing what is required of you in the event of a claim, how best to seek compensation and poor understanding of one’s insurance policy.
The uncertainty of a loss and its associated cost proves the relevance of an adequate insurance protection. However, just obtaining an insurance policy would not ensure that you are adequately compensated in the event of a loss. The need for you to know what your insurance policy covers can not be overemphasized. Continue reading HOW TO MAXIMIZE YOUR BURGLARY INSURANCE POLICY→
The possibility of being dispossessed of our properties (be it personal belongings, business properties, trade stocks, or properties held in trust or on commission) by unscrupulous elements exist on a daily basis. When this happens, we are left in a disadvantaged position. Business activities can be completely disrupted if not terminated. Where and how to begin becomes an issue of great concern. Continue reading A COVER FOR YOUR COVER – BURGLARY INSURANCE→