Have you faced challenges with a complex insurance claim after an insured event?
Navigating a complicated insurance claim can be overwhelming, even for experienced business owners. In Australia and New Zealand, many commercial insurance policies include a claims preparation clause that can be highly beneficial. This clause allows businesses to hire their own experts to prioritise their interests and streamline the claims process. It also reimburses policyholders for reasonable expenses incurred while preparing their claims, providing essential funds to engage professionals.
Benefits of effective claims preparation
Professional representation
Optimised claim value
Reduced processing time
Improved accuracy
Enhanced negotiation power
Decreased stress
Compliance with policy requirements
Costs covered under the policy
Download your report
Discover how the Lockton Risk Consulting team can simplify the claims process and ease your stress. Download our new report today.
The contents of this publication are provided for general information only. Lockton arranges the insurance and is not the insurer. While the content contributors have taken reasonable care in compiling the information presented, we do not warrant that the information is correct. It is not intended to be interpreted as advice on which you should rely and may not necessarily be suitable for you. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content in this publication.
