The importance of avoiding underinsurance through a prior valuation of the assets to be insured.

Unless our policy is at first risk or we have negotiated with the Insurer the repeal of the proportional rule, we understand that it is important to carry out a valuation of the assets, at least in an approximate way through the company’s Balance Sheet, to avoid underinsurance at the time of the claims and that this means that the totality of the damages cannot be recovered.

Subsequently, each year an update of the insured amounts would have to be made, but this would be relatively simple based on analyzing the investments and divestments of the last accounting year and the fluctuation in prices based on the IPRI indices of the INE (National Institute of Statistics).

VANTEVO is made available to the Insured to guarantee adequate insured sums that avoid the application of underinsurance in claims.