How to choose the right insurance loss product
There are a few things to be aware of when determining a loss insurance product that will be used by yourself or the company you are working with. Here are some tips on how to choose the right insurance loss product.
# Separate objects/items by economic calculations
Choose items that are indeed necessary to be insured so that you will not lose in the later days. For example, if you want to take fire insurance for your home and furniture, then there is no need to insert the computer and its accessories into the calculation. This is because the value of recovery for computer companies is very low when compared to the value at the time of purchase of computers or when it will be insured.
# Identify objects/items clearly
It is advisable to first identify the goods/objects to be insured. For example, in a garment factory with machinery owned, Genset and other equipment that is still related to the production activity of the plant.
# Choose an insurance company with a good reputation
Don't be easily deceived by the low premium rate offering of a particular insurance company. When you get distracted, the insurance company is worried that the insurer cannot complete the claim payment when you make a claim against the insurance company.
# Provide information/captions clearly
It is advisable to provide information very clearly about objects/items to be insured. In addition, look for complete information about the insurance products on offer. You can ask about the type of insurance, the premium rate, the area of guarantee, the amount of fees payable and the claim procedure.
# Good coverage
We recommend that you choose the insurance that is the most extensive guarantee before the insurance company publishes the policy. For example, select Cover property all risks for building property insurance, or cover all risks for motor vehicle insurance.
# Choose Insurance Product Package
It is advisable to choose one insurance package at a time rather than choose one insurance product only, this way you will get better service and cut facilities.
If you have the object of coverage with a very large value, it is advisable to use the first loss insurance system of the insurance. It is aimed at the premiums that you have to pay not to be too big.
# System Adjustable Policy
The amount or value of stock insurance on the merchandise will generally show a different volume every day and every month. To overcome this, you can choose an adjustable policy system so that you will pay a premium based on the transaction or volume you have done.
# Thorough and asked questions
It is advisable to always read carefully all policy statements and Pasal-pasalnya. You can also inquire about the complete claim procedure before agreeing to the issuance of the insurance policy. If there is an error in writing, it is a good idea to immediately notify the insurer so that they will issue improvements to the policy.