Keep Insurance Costs In Check

Friday, March 1, 2002

In Check (NAPSA)—With insurance tightening and premiums soaring as high as 200 percent over last year, you must be proactive ahout insuring risk. Assurex Globail— the world’s leading independent insurance brokerage group—recommends doing some strategic planning before renewingpolicies. Assurex Global recommends meeting with your insurance agent 90 to 120 days before renewal: 1. Assess your company’s risks. 2. Evaluate industry conditions. Contractors face premium increases of 40 percent-—200 per- cent. Small manufacturers are seeing lower increases. 3. Explore higher deductibles, self-insurance, other financial alternatives. 4. Review your Website. If you manufacture nuts and bolts for NASA, don’t give the impression you're building the space shuttle. Insurers like minimal exposures and manageable risks. For more information, visit www.assurexgiobal.cora

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