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Business Insurance Question
Comments
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Do you have other insurance policies? You must have a public liability risk and you mentioned accounts lady/bookkeeper - do you have any staff/employees?thehullram wrote: »
thanks for this, although I am a bit confused. This wasn't EL just buildings and contents.0 -
Sally, I would be surprised if a broker funded a £7k premium without a PCL or CPF agreement in place. If they did, they are in a shambles.
The OP said 12 months which made me think it was insurer instalments but I suppose it could be PCL. My experience of CPF is 6 or 10 months.
I'm being surprised less and less, espeically with accounts departments being centralised and dealing out of branch, they spend 6 months arguing that the amount on the insurer account doesn't match the amount the broker has debited, and don't even query it with branch for months, and only after figures agree do they look to see if they have the cash from PCL or whoever.0
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