Real Estate, Case Studies (illustrative purposes only)

Real Estate Agent

A local Real Estate Agent with business insurance takes out 200 units to obtain a Sum Insured of $200,000.

After a massive Category 5 cyclone comes through the area, they are lucky that their business didn’t suffer any property damage, however, they will have no income as real estate sales have ceased as buyers are too scared to invest in their area so soon after a cyclone event.

The $200,000 cash payout from Redicova allows them to pay wages and suppliers and remain operational while the market recovers.