Personal Insurance Review Checklist

The Benefits of a Personal Insurance Review. Having insurance provides a sense of security and peace of mind that you have financial protection against life’s sudden surprises. It’s designed to offer a safety net to protect you from paying costly expenses in the event of the unexpected.. To conduct a thorough insurance review call your agent, or set an appointment with them, and have them walk you through each feature of your policy, explaining when it would apply, how you would qualify, and how much you pay for it. Below is a brief overview of the details you'll want to review for each type of insurance you may have.. Should you wish to review this with me in person or on the phone, I will be available from 9:00 a.m. to 12:00 p.m. and from 1:00 p.m. to 5:00 p.m. Monday through Friday. Sincerely, Enclosure. 3. Attach Letter to Personal Lines Renewal Review Form and mail to client.. The Complete Guide to Annual Policy Reviews for Independent Insurance Agents. ... But before we get there, you need to make this personal. Here’s what New Horizon’s CEO Jeff Sams has to say: “When you’re talking to people, it’s always good to have a personal experience. You cannot oversell this when the time comes..

Review your total personal property that you have in your care custody and control and purchase the appropriate limit to insure that property. Valuable Papers Are documents, manuscripts or records including abstracts, books, deeds, drawings, films, maps, or mortgages.. Annual Review Questionnaire. Please let us know if any of your insurance needs have changed within the past year by circling yes or no to the questions we’ve provided below. If these items are not properly addressed, they could lead to a gap in your coverage, an uncovered loss or an undiscovered savings..

Development and use of standards, such as insurance checklists, is one way to achieve these goals. IRMI Insurance Checklists has been assembled by IRMI to assist insurance buyers, risk managers, agents, consultants, and brokers in developing insurance programs to respond to the unique loss exposures of any business or client.. Personal Property Replacement Cost Personal Property _____ Present Values (current and updated) _____ Is there a second dwelling? What coverages offered? _____ Are there Valuable Papers such as Moneys, Securities, Stamps Tickets, Legal Documents, etc. that need to be increased? _____ Are there specific items such as Jewelry, Guns, Silverware ....