Loss Recovery Insurance
WHAT IS IT?
It is a relatively new form of insurance which provides
cover against the costs of a claims consultancy service throughout a commercial
or household property claim.
In return for an annual premium you can utilise a
panel of claims handlers without incurring the normal professional fees.
These are drawn from a nationwide panel of Independent Chartered Loss
Adjusters, Surveyors, Valuers and Accountants assembled by the Loss Recovery
Group.
WHAT ARE THE BENEFITS?
- Loss Recovery Insurance makes the claim making
process easy
- Loss Recovery Insurance provides an on-site service
anywhere in the UK.
- A Chartered Loss Adjuster will normally be with
you within 24 hours of the claim being reported.
- Loss Recovery Insurance offers you peace of mind
by using qualified Loss Adjusters to support you through the claim process.
- The Loss Adjuster will prepare a fully valued inventory
for all items damaged or stolen.
- Interim payments from insurers are arranged when
necessary.
- Temporary premises and equipment are arranged when
necessary.
- The Loss Adjuster will attend all site-meetings
and take care of all correspondence with Insurers.
- The Loss Adjuster will liaise with Accountants
and prepare any loss of profits claim.
- The Loss Adjuster will negotiate for the best possible
settlement the policy will allow.
- If you are not completely satisfied with the service
provided the premium paid will be refunded in full.
DOES IT WORK?
Yes. One of our clients who has used the service
provided by Loss Recovery described the premium paid as "possibly
the best money we have ever spent".
WHAT DOES IT COST?
Premiums start from as little as £25 plus IPT
per annum. Contact
Bruce Stevenson Risk Management Ltd for a quotation.
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