Creating a Strategy
Using the findings from Stage One, we’ll discuss exposure and risk. We’ll also review existing policies to make sure they adequately cover current exposures. Likewise, not all potential losses are insurable. If, say, “risk vs. reward” doesn’t add up, you may choose to ignore a certain exposure. In general, deductibles can range from $100 to $100,000, depending on how much risk you want to absorb.
MSGPLA has a wider knowledge of insurance markets and carrier partners than most firms. As a result, our clients can take advantage of quality policy options with different deductible from multiple insurers. To keep it easy and transparent, we present detailed “proposal comparisons.” Our clients then choose competitive overage that best suits their needs and lifestyles.
An Open Mind. While consolidating your exposures with a single carrier is one way to lock in superior coverage and pricing, given your particular wealth circumstances, this might not be ideal. To find the right path, we’ll have a thorough give and take. And consolidate with one carrier only when it makes the most sense.