Is your insurance tailor-made to your requirements?
Authors: George Jennings & Kobus van Niekerk (Senior Underwriters at Consort)

Is your insurance tailor-made to your requirements?

Most, if not all policy wordings are offered in a standard format. Such a wording may not meet all the requirements of the risk profile of the proposer or the insured and may lead to disappointment and or aggravation should a claim be declined, or only partially paid.?

Consort understands and appreciates that the market segment of contractors has its own requirements. The ‘conventional or standard’ policy wording should be enhanced to protect the contractor against such risks which are unique to their sphere of activities.

Read more on this month's article ?? click on the link below:?

Consort Technical Underwriting Managers (Pty) Ltd (FSP 2273) underwritten by Lombard Insurance Company Limited (FSP 1596) an Insurer licensed to conduct non-life insurance business.

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