NIG adds online calculator to help brokers tackle underinsurance

accountant-calculator

New tool designed for business interruption insurance.

NIG is offering brokers free access to an online cost calculator which it claimed can more accurately determine the business interruption (BI) risk for their insured commercial clients.

The tool is linked to NIG policy wordings which the insurer said meant that brokers can have full confidence in the cover that they are securing.

NIG detailed that the service helps obtain both the correct sum insured and indemnity period - minimising the risk of leaving clients underinsured.

The question set can

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