Why Choose IUA

Here are a few good reasons why choosing IUA will be a step in the right direction for you and your client.

• Our claims process gets your clients back on their feet faster. Claims action starts immediately with no time deductible. And we pay weekly where practical, helping to keep cashflow issues to a minimum.
  
  
• Our offering is more transparent. With IUA your clients are less out-of pocket. They know what they'll receive -with no deductions, offsets, averaging for underinsurance or many of the other penalties typically associated with business interruption insurance. In practice this means real advantages, such as no deductions from final payout for overhead savings (i.e. rent is not being paid due to burnt down premises).
  
  
• Because our policy is stand alone it means we have a specialised loss adjuster solely focussing on getting cashflow back into the business not also having to sort out any material damage claims.
  
  
• Our innovative uses of lumped extensions (such as assistance with relocation costs) are not constrained in their application as they can be with other policies.
  
  
• Our high-touch claims service uses specialised independent loss adjusters, greatly reducing the risk of client dissatisfaction.
  
  
• A variable indemnity period means clients pay only for the cover they need, which makes our product easier to sell as the cover does not have to be long term.
  

And in the best interests of the broker IUA offers a standalone policy with a simple turnover rating classification by industry. This makes the premium calculations simpler.

IUA's Standalone Cashflow Insurance versus Business Packaged Policies

The standalone cashflow insurance product

1. has a quicker claims response and is targeted at providing cashflow in the event of a disruption
   
   
2. is not as an afterthought to the material damage claim
   
   
3. allows the insured to have a specialised loss adjuster solely focused on getting cashflow back to the business
   
   
4. has no average and no deductions for savings which means you get the cash flowing and you know you will always be fully insured.
   

Simple Calculations:

• Pre- agreed rating classification makes premium calculations simpler. See an example with our online quote request for professional risks. Right now, for professional risks, we are offering $50,000 of additional free cover on top of your standard cover, to assist return to original premises.
  
  
  

Watch a Video:
Take a look at the difference offered by IUA Business Interruption Insurance in this short case study highlighting the value of good claims management and fast business resumption.