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80% of NZ businesses are Underinsured. Are You?

Over recent months we have been developing a new service to check our clients' level of protection.

It's called The Red Line Business Assessment and it comes out of our Client Aspiration:

"Through a commitment to understand your business, we will earn your trust and through proactive advice and solutions, position you to financially survive any insurable event."

The simple fact is that most New Zealand businesses couldn't survive every insurable risk:

Yes most of them have insurance but that's where the good news ends.

 

Over 80% don't have appropriate cover

Over 60% don't even have their assets accurately valued. People forget how much their buildings and plant can increase in value - just think about building costs these days.

And more than 80% don't have any loss of profit protection.

When something goes wrong like a power black out or a fire, even a little one, it takes time to get back on your feet. Just think what 8 weeks or 8 months without trading could do to you

To make sure that you and your business are not in danger of falling below the Red Line call your Crombie Lockwood broker or email redline@crombielockwood.co.nz

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