Underinsurance
Underinsurance Explained Example of underinsurance. If the chosen Sum Insured is less than the actual total value of the property covered, the policyholder will not receive full settlement in the event of a loss and will be responsible for a proportionate share of a loss covered by the insurance policy. The effect of underinsurance is […]
New Land Owners Liability Product
Matrix underwriting offers policies on a wide range of commercial land owners. We offer a flexible approach to some of the more unique situations that can’t always be accommodated by online platforms. Benefits of this product: Cover arranged with “A” rated carriers Statement of fact basis – No need for proposal form Fast turnaround Low […]
New Per Capita Liability Product
We are pleased to announce that we have access to a new online facility for the placement of per capita liability policies. This adds to Matrix Underwritings suite of liability products and covers areas not previously targeted by our existing capacity partners. The benefits of this cover: • Cover arranged with “A” rated carriers.• Statement […]
Day One v 85% Average Clause
Technical Bulletin