A list identifying all of the insurance policies held by the company along with important information about each policy such as the identify of the insurance provide, cover type, policy limit, key exclusions, policy premium, and expiry date.
Having an effective approach to insuring your business is about more than just obtaining a few insurance policies. Managing insurance effectively requires the following:
Effectively managing your insurance policies provides a number of benefits to any business including:
Insurance coverage is an important topic in the due diligence process. Having a robust approach to insurance management provides the following benefits during a deal: