Complex tariff structures

Complicated rates apply to many insurance products. If there is an insurance package with 6 or 12 components, relevant or not, the tangle of calculations can become so complex that a choice has to be made to strip the product.

Example : Corporate buildings
An insurance package includes insured amounts for:
1) the buildings ( 15 million euros)
2) Environmental damage
3) Legal expenses
4) Civil liability5) Directors' liability


The building has three floors and these are unevenly divided d.
There are also general-purpose rooms such as corridors and a management office.
The roof is flat, fitted with fireproof boards on the underside and covered with roofing membrane (bitumen).
The construction is based on steel. External walls sheet metal vv insulating boards.
These walls are connected to the roof structure in such a way that there is compartmentalisation.
A variety of activities take place within the walls:

A car dealership with showroom
A sewing workshop
A plumbing company
A metalworking company
A supplier of goods lifts
Offices
Storage of goods
Trade in wines
A car repair shop
Meeting rooms
A shop specialising in oriental spices

Biggest business space is 600 m2. The smallest is 50 m2
Maybe you are currently opting for a simple rate : 4 pro mils for all business premises.
Maybe you are currently opting for a tariff based on the activities in the largest business premises
But perhaps you are looking for a tariff model where the heaviest burdens are borne proportionally by the entrepreneurs who occupy the most dangerous activities.
Proportionally ? Yes, because pass-through must take into account the size of the floor area.
Heaviest ? Yes, because the activities of the various
businesses must be taken into account when the calculation is made.
Why should the owner of an office space of 600 m2 4 o/oo have to contribute if there are hardly any fire-hazardous activities there?
Why should a car painter contribute 4 o/oo for the 200 m2 he occupies?
And why should a wine merchant have to contribute 4 o/oo for the 200 m2 he occupies?

So a very complex tariff structure, but easy to apply at Your RealXS back office.

The VVE can then pass on to each owner, to the nearest penny, what their share of the premium due is. Once a change of use has taken place, the premium will be recalculated.