Flashcards in RISK Deck (6)
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1
Q
How a Employee accident phys damage is costed
A
£1600 branch
£6400 Area
Rest to group uncapped
2
Q
How to Cost employee accident TP liability
A
Branch £1600 Area £6400 Group £1600 UK 1600-5mill 5mill + AIG
3
Q
Uninsured losses
A
- employee loss liability
- employee loss physical damage
- conversion and othe r
- undoc
4
Q
How to reduce reserves
A
Right car right deal Underwriting Check comfortable with controls COI Full VSA every time FNOL cards Under 21 on ROI Take XS on rtn No prems under 30
5
Q
Under 21 policy
A
- cover letter with our reg, cust reg and date of cover and stating fully comp insurance
6
Q
One way damage policy
A
If tan a damaged unit and it’s not on LDR then shop immediately otherwise we take on damage and have to sit