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Category: Technical Insurance

Technical Insurance
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The Risk of Being Underinsured

(Sample 2 – Short version) Underinsurance is essentially not having enough insurance to cover a property claim in the event of property theft, loss or damage. For example, if the value of your property is $200,000 and your policy covers $140,000, you will be liable for the remaining $60,000 out of pocket. It is extremely

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Technical Insurance
Standard

The Risk of Being Underinsured

(Sample 1 – Long Version) What is Underinsurance? Underinsurance is essentially not having enough insurance to cover a property claim in the event of property theft, loss or damage. In these instances, by under-declaring the value of your property when buying insurance, you may suffer a severe financial loss in the event a claim must

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