Economic loss claims

How to make a successful claim for economic loss from insurance companies due to a business interruption or other compensation causing event

January 10, 2007

Making an Insurance Claim for Economic Loss

Claims for Economic LossThe key point to remember when making an insurance claim for economic loss or business interruption is: whatever you claim and whatever the circumstances, your insurer cannot pay more than you claim!

If you under estimate your economic loss you cannot recoup it at a later date. So check you claim very carefully before submitting it. And even if it has been developed by a professional, your accountant for example, check it YOURSELF to be absolutely certain that it is correct. During the last 11 years we have assessed more than 5,500 economic loss claims on behalf of an international compensation fund and a surprising number have been shown to be undervalued. More on Making an Insurance Claim for Economic Loss

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