WEBINAR: Why underinsurance in home contents is so prevalent, and practical tips/tools to
PLEASE NOTE, PLYMOUTH & CORNWALL INSURANCE INSTITUTE & PFS MEMBERS HAVE PRIORITY IN RESPECT OF BOOKINGS.
Underinsurance is a major issue in the industry – many reports suggest that around 2/3 of homes are
underinsured. Unfortunately, the same is often true for the contents in those homes.
Why is this, and what can the industry do about it?
Who is it for?
This webinar is for:
- Brokers and insurers who handle home contents insurance for MNW and HNW clients.
- Brokers and insurers who insure assets such as art, silverware, trophies and fine wine for
commercial customers (e.g. restaurants, hotels, charities, sports clubs, oƯices)
- Claims handlers and loss adjusters who want to understand what to look for in, and risks around,
valuations with which they may be presented
- Compliance teams considering how to ensure clients and policyholders get the information they
need to make informed decisions, and that they are treated fairly
Learning objectives
By the end of the webinar, you will understand:
- What is underinsurance for contents?
- Why does it arise?
- The importance of accurately assessing replacement cost
- The impact of underinsurance – for clients, brokers and insurers
- Why the “value” can be hard to get right
- What to look for in a valuation