Preparing your own ‘Insurance Presentation’ document takes time and effort – but it offers several significant benefits.
First, it allows you to ‘control’ what information about you goes out to the insurance market.
Next, because you know more about your business than anyone else, you’re in the best position to supply insurance companies with exactly what they need - full, unfiltered, quality information about you and your firm.
Third, by taking the trouble to gather together all the relevant facts and figures, you’re showing your potential insurance company that you’re serious about your insurance responsibilities – and that your liability insurance business merits their proper attention and consideration.
And, of course, once your document is prepared, and updated regularly, you can use it again, year after year, when you are shopping around for business liability insurance.
But remember, all information given in the ‘Insurance Presentation’ must be 100% accurate. If it’s not, you could invalidate your insurance cover.
