Aviva stakes claim to industry first with BI calculator and enhanced cover combination
Insurer's research shows that two-thirds of SME customers only take out business interruption cover for 12 months or less.
Aviva has claimed to have delivered an industry first with the launch of a business interruption (BI) calculator for SMEs twinned with a promise on tackling underinsurance.
NIG released a business interruption calculator dealing with sums insured and indemnity periods in September last year.
However, Aviva detailed that through using its calculator brokers and SME customers will be able to assess the level of insured profit required and the appropriate indemnity period and would receive
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