Frequently asked questions
What is the cost of this insurance?
It varies from customer to customer depending upon the size of turnover, the client’s previous loss record and the client’s means of assessing their customers. If you are interested in receiving a rough indication of price quickly then please click here. But bear in mind that this rough indication will only be based on a standard coverage.
However, there are so many possible alternatives as to how we can cover a company that the only way we can assess this properly is if you are able to complete our full proposal form, in which case please request one here and for us to then discuss the options with you to find the absolutely prime solution.
What sort of deductible or excess will I have to bear?
We can tailor a Policy to allow virtually any deductible you choose to retain yourself. The only maxim to bear in mind is that – the lower the deductible the higher the premium and vice versa.
Do I have to insure all my clients?
We are open to discuss as many options of coverage as you may wish to discuss to find a tailored solution which may allow that you do not have to insure all your clients.
How do I know that my claims will be paid?
We are an Agency whose main aim is to ensure efficiency of service regarding claims and we will negotiate the claims procedure on behalf of your Company to find the most advantageous and efficent response.
Claims have in the past been paid within a matter of a few weeks of submission of a claim.
Will I not have to keep asking for limits for my clients and will that not take a long time?
Our aim is to provide you with all the Buyer coverage you require. We believe that we offer the most efficient and broad buyer coverage available.
Urgent limit enquiries can be turned around within a day.
Are there any countries we do not cover?
Yes, there are a number of Countries where we are unable to provide coverage but for Bunker Companies, it is unlikely that they will be working with buyers in these countries.
A full list can be obtained by request.