Advantages of product

Advantages of the product:

• The contingency policy enables you to retain more risk for your own account in a tax efficient manner, and can be use in combination with conventional insurance as part of a total insurance programme.

• Risks that are normally excluded under conventional insurance can be covered under the policy

• The Insured is rewarded for good risk management and permits the insured to participate in underwriting profits.

• It restricts the purchase of conventional insurance to catastrophe type covers

• It encourages better risk management which will directly result in a reduction of conventional insurance cost.

• It enhances cash flow and financial stability.

• Surplus premium may be utilised for future purposes.