Prepare questions for a business insurance review
Prepare for a meeting with your insurance agent with a summary of your risks and a list of specific coverage questions, so you are not over- or under-insured.
The prompt
Help me prepare for a business insurance review with my agent. Business: [TYPE OF BUSINESS] in [LOCATION], [NUMBER] employees, annual revenue about [AMOUNT] What we do that could go wrong: [e.g. work in customers' homes, give professional advice, handle customer data, drive to job sites, store inventory] Current policies (type, limits, deductible, renewal date): [LIST, or "not sure"] Changes since the last review: [e.g. new equipment, new location, new services, hired staff, larger contracts] Contract insurance requirements from clients or landlords: [DETAILS] Please: 1. Summarize my main risk areas in plain language. 2. List the coverage types commonly considered for a business like mine, and what each one generally covers. 3. Write specific questions to ask my agent about gaps, limits, exclusions and deductibles. 4. Note which documents to bring. Do not recommend specific coverage amounts; help me ask the right questions.
Replace every [BRACKETED] part with your own details before sending.
How to use it
Do this review every year before renewal, and whenever you sign a big contract or lease, since those often have insurance requirements. Ask for the answers in writing.
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