23.07.2023

7 Problems Ltd Companies have with Insurance

7 Problems Ltd Companies have with Insurance

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  1. Cost: Directors may find the cost of insurance policies to be too high and unaffordable.
  2. Coverage: Some directors may not be satisfied with the coverage provided by their insurance policies.
  3. Claims process: The claims process may be complicated, slow, and difficult to navigate, leading to frustration for directors.
  4. Lack of understanding: Some directors may have a limited understanding of insurance policies, which can lead to confusion and mismanagement.
  5. Exclusions: Directors may find that their insurance policies exclude certain types of risks, which can leave them exposed to significant financial losses.
  6. Policy renewals: The process of renewing insurance policies can be time-consuming and complicated, leading to frustration for directors.
  7. Limited options: There may be limited options for insurance policies available to directors, which can make it difficult to find the right coverage for their needs.





  • tax
  • Insurance
  • Business
  • Ltd Company
  • Ltd Company director

I am a Financial Consultant who has worked internationally for the largest Investment and Corporate banks in the world such as UBS, HSBC and RBS for over 10 years. Previous roles have included…

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