Background
The case of a proud community centre
Early Learning Solutions (Au) was introduced to a small centre and kindergarten with solid community ties based in outer South-West Sydney. Since opening its doors some years ago, the centre has provided essential care and education services to the community’s children, become a well-known local employer and established a solid reputation.
While the centre had cared for the community for years, it needed someone to look out for it. Seeking a comprehensive review, the centre sought our assistance.
Challenge
Insurance policies can sometimes read like a lot of technical jargon and fine print, with few options available to the insured. Not with us. Upon reviewing the centre’s former insurance policy, our specialist insurance provider immediately identified low coverage limits and under-insurance in some critical risk areas, like personal accidents. This all meant that despite compliantly paying its insurance for years, the centre faced significant financial risks if accidents or damages occurred.
Despite a five to ten-fold increase in some covers and the addition of a new cover, the centre was still able to secure premium savings commencing immediately.