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Value Collection without BI

Collection of insurance values

1 Welcome to 21RISK Value Collection system
2 Location Info
Preview location
StatusActive
Address123 Main St
CountryUS (US)
TimezoneAmerica/New_York
Tags

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CreatedJul 18, 2025

Site info is from Jul 18, 2025.


3 Please verify the location data address, etc.

If not correct - please write the correct location data in the comment below


4 Building Insurance responsibilities


5 Buildings and warehouses

Please input, in local currency, the cost of rebuilding new buildings and select your currency with the selector below.

The value must represent the total rebuilding cost of the property and not the market value. 

Extra

The value should include:

  • Cost of materials

  • Labour costs

  • Professional fees, such as surveyors and architects

  • Site clearance/ removal of debris costs

Buildings sum insured should also include, but not be limited to, the following if the insured has responsibility for them:

  • tenants’ improvements

  • landlord’s fixtures and fittings

  • walls, gates and fences

  • fixed glass and sanitary ware

  • small outside buildings, annexes, gangways, conveniences and other small structures

  • extensions communicating with the buildings

  • roads, car parks, yards, paved areas, pavements and footpaths

  • security cameras and lights

  • fixed fuel oil tanks and fixed diesel tanks, piping, ducting, cables

  • wires and associated control gears and accessories and extending to the public mains.

Input currency

No previous value to compare with.


6 Lease improvements

Please indicate the sum needed to replace lease improvements.

Lease improvements refers to changes made to a rented space by or for a tenant. These can be fixtures, alterations, installations, or any other addition that is a part of the building but is not a permanent structural feature. Lease improvements can be significant investments, and it's essential to ensure that they are covered by our insurance in case of a fire or theft.

Input currency

No previous value to compare with.


7 Machinery and equipment

Please input, in local currency, the replacement value insured for Machinery & equipment and select your currency with the selector below.

Extra

Replacement value is how much it would cost to buy a brand-new replacement for a destroyed or stolen item.

The sum insured (excluding stock) should reflect the total replacement value of:

  • machinery, plant and equipment;

  • furniture;

  • shelving and racking; and

  • all other contents at the insured’s premises.

  • Installation cost of machinery

Input currency

No previous value to compare with.


8 Inventory, Stock and Supplies

Please indicate, in local currency, the value insured for Inventory, Stock & Supplies in numbers and select your currency with the selector below.

Extra

Stock: the sum must correspond to sales value and should be the maximum expected stock, on any given day, within the insurance year. Please consider, whether the value of goods belonging to the 3rd party (if any) should be declared in the max expected stock value, in light of the agreement with the 3rd party.

Input currency

No previous value to compare with.


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Details

Author 21RISK
Languages English
Length 0 Questions
Last modified Sep 20, 2024
Created Sep 19, 2024
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