Is the Indemnity Period long enough
Prof. Allan Manning
FEBRUARY 28, 2024
In the claims we are handling we are seeing more and more that the Indemnity Period runs out before the business returns to normal. This is due to a number of issues including but not limited to: Inordinate delays by local councils granting approvals. Often for the most ridiculous of reasons. This is magnified making it hundreds of times worse when a natural catastrophe hits.
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