Commercial Authority

Sum insured: a quick method to avoid underinsurance

Underinsurance is the most common reason settlements get reduced. We keep sum insured logic practical and proof-supported.

Quick sum insured method (practical)

List assets/stock categories (not generic lump sum)
Use invoice/valuation basis for major categories
Review annually or when business expands

Why underinsurance hurts

Settlement reductions when declared value doesn’t match actual
Disputes when proof trail is weak or inconsistent

Local service signals

Chennai outskirts sum insured guidance • Madhavaram warehouse underinsurance prevention

FAQs

Does higher sum insured always mean higher payout?

Only when proof and valuation basis are correct. We align both.

M N Rajendrakumar Insurance Services

Claim-first insurance guidance for Chennai outskirts businesses — Sholavaram, Red Hills Toll belt, Madhavaram & nearby highway/industrial zones.

M N Rajendrakumar Insurance Services

Claim-first insurance guidance for Chennai outskirts businesses — Sholavaram, Red Hills Toll belt, Madhavaram & nearby highway/industrial zones.