The clauses that decide what a claim pays

Most people read a sum insured as a ceiling. It is a ratio, and it is applied to every claim you ever make, however small.

The discount is real and it is not the main saving. The main saving is the claims you stop having.

Reinstatement cost is not market value, and confusing the two is the commonest way a sum insured ends up wrong.

Most limits are set by whatever a contract demanded once, and then never revisited against what a claim actually costs.

The valuable part of a cyber policy is the phone number, and most buyers never look at who answers it.

Unoccupancy conditions turn a normal policy into a very restricted one, usually thirty days after you stop noticing.

Every employee who drives their own car on your business is a vehicle on your risk, and most policies were never told.

The default is twelve months because it is the default, not because anyone measured how long recovery takes.

Labour-only or bona fide changes who insures the work, and getting the classification wrong voids the assumption underneath your premium.

Notification clocks run in real hours, not working ones, and most incidents are discovered when the office is closing.