This policy has been designed to ensure that you are not left with a GAP in cover and are short paid when you have a loss under which your existing policy which may only cover a limited or restricted loss value.
Riskbuster and its product range has been specifically developed out of actual claims events over many years.
The product started in 2009, from a single claim event and to which multiple claim events were added as clients experienced losses which their insurance policy either rejected or had a limited claim pay-out.
The product kept evolving as new cover needs were identified by market needs, broker intervention and increasing gaps in existing policies not all catering for full indemnity, this created a substantially value-added proposition to clients and brokers.
This is not just a new product off the shelf which was thought out over a weekend. It is a tried tested and a solid value for money “gap-cover” policy. Each of the product’s covers are the subject of an actual clients claim/s which a client had suffered.
Accordingly, this product was developed from specific events which occurred and where brokers and clients requested additional assistance or consideration on claims for which their clients were not fully indemnified.