The Insurance Audit

An Initial Independent review of your personal & business portfolio completely free of charge

This will be conducted by one of the directors of Gent & Craig Insurances Ltd.

Good practice would indicate that an Independent review of an Insurance portfolio should take place every 3 years, and with Gent & Craig Insurances Ltd a review need not be onerous, time consuming or expensive.

Listed below are just some of the components
 

• Discuss with you 'Statutory' Insurance Requirements
   
• Comment on current premium spend & identify possible savings
   
• Overview the consequences of Equipment or Computer failure
   
• Review of liabilities incurred by your activities - Professional Indemnity, Directors Insurance, Employers Liability, Public Liability, etc
   
• Assess the threat to your 'bottom line' through potential los of income, Uninsured loss or inadequate protection & discuss alternative ways of ensuring cover.
   
• Review inflation protection options
   
• Consider threats to the income stream from fraud, data protection lapses etc

For Your Consideration - Prior to the Review

• When did you last undertake an independent review of your portfolio?
   
• You are probably aware of the dangers of under-insurance, but when were your sums insured last reviewed?
   
• Have you calculated your 'business interruption sum insured' correctly. You should be aware that wages and salaries should be included to fully protect your business in the event of a loss.
   
• Has your business changed? Even subtly? Moved away from the NHS? Are your policies still protecting you properly?
   
• Are you aware if you are a director of a limited company you may be held personally liable for your actions and potential claims from third parties?

Types of Insurance

• Commercial Risk - All Risk damages to buildings, contents and stock
   
• Computers - All risks damage including data & business interruption
   
• Fixtures/Fittings & Tenants Improvements - Your lease will usually oblige you to insure
   
• Household - All risks damage to your home
   
• Car - Private/Fleet - All aspects
   
• Travel - Tailored cover to reflect the individual and or family needs
   
• Employers Liability - Protection for employers against bodily injury sustained by employees
   
• Public Liability