Commercial Buildings - discounted valuation offer

Significant losses through storm, flood, weather, fire and other causes are certainly getting more prevalent lately. Just watch the news each week. Many of those properties affected are domestic dwellings. However, commercial buildings are often also affected.

Unlike many domestic policies, commercial policies generally do not include any automatic CPI adjusted increases to cover each year. These policies should generally be reviewed individually at each renewal.

Over recent years building costs have escalated well ahead of overall inflation. This is partly caused by the increasingly onerous compliance costs, which can be a big factor even in partial rebuilding work. These increases have left many buildings unintentionally and innocently underinsured. This can be a recipe for financial grief for all concerned, as highlighted by some recent major losses.

Don’t be caught short… the best way to accurately assess the rebuilding costs is to get the building professionally valued. Valued based on the cost to rebuild – not the market value – a totally different valuation basis.

In order to assist and encourage accurate insurance cover AMP is pleased to offer reduced valuation rates. Not only will this give you confidence that cover is sufficient - it will also save costs.

• Quotable Value will provide valuations at significantly discounted rates      (between 15-30%).
• Discounted rates from QV will continue into future years.
• As a special introductory offer for the next 12 months - AMP will not charge any additional company premium on the value of the building sum insured increase over last year. This applies for the remainder of your current insurance period to a max of $500 per policy. (Please note that statutory Fire Service levies and GST must still be paid in full).
• An updated valuation may also reduce the level of statutory Fire Service  levies payable.

At Stratus Financial we strongly recommend that you consider this excellent offer now!

To take advantage of reduced valuation fees and to get some free cover simply
order your valuation via the AMP website:

Logon to www.amp.co.nz – Insurance – commercial property – exclusive valuation offer – complete QV form online noting your policy No – submit.

Alternatively for any assistance, queries or details of policy numbers contact
Neil Carter on 04-4996580.