Loss Recovery

Full details

Commercial Loss Recovery is an insurance policy which provides unlimited advice from a loss adjuster to help the policyholder prepare, negotiate and settle a material damage or business interruption claim.

• Loss Adjuster

  The loss adjuster will act independently of the insurance company, aiming to help achieve the fairest and fastest settlement possible for the policyholder under their insurance cover. They will be available throughout the duration of your claim, ranging from telephone assistance to personal visits on major losses.

• Key Features

  Within the terms of the policy, the policyholders’ insurance claim must be for a material damage or business interruption claim and must be worth more than £5,000.

  Benefits include interim payments from insurers where necessary, the arrangement of temporary premises and equipment in order to continue trading, preparation of a fully valued inventory of lost/damaged items and co-ordination of builders, surveyors, decorators and insurers.

• Key Exclusions

  Claims under the policy excess of £5,000 are excluded, as are claims involving personal injury, liability, motor, aviation and marine vessels, subsidence or losses incurred outside mainland UK.