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Some of this I’ve copied over from the subscribers as they’ve known about this for some time now…
One of the things that has irked me more about this business than many others is the fact that I’ve seen so many people come to the end of their business and gotten zip for it. Often these people have worked all the hours God sent and more for no more than a decent wage or lifestyle. In small chunks I’ve been trying to tackle that problem, ISE was one, repairs@ is another… ever so slowly building on the platforms that you all have in your own business to engender longevity and value. In effect creating something worthwhile and worth money so you’re not working towards nothing.
One of these hair-brained, madcap ideas was to have our own insurance scheme running, well we got the new appliance one up fine, that was pretty easy. What wasn’t so simple was something that we could use to compete with the big boys on a monthly basis.
Now we have it.
We’ve managed to get a deal for a monthly insurance plan that is fully underwritten and totally plays to OUR needs and returns us revenues on sales, renewals and replacements.
The highlights…
Monthly cost for THREE appliances… £13.25, each additional appliance (up to a maximum of eight) £3.25 per machine.
You get up to £2 per month, per customer for every live policy as a commission. You can get more than that for having over three machines insured.
All repairs returned to the agent.
£55 labour rate and a 25{e5d1b7155a01ef1f3b9c9968eaba33524ee81600d00d4be2b4d93ac2e58cec2d} markup on spares.
Replacement at end-of-life you can supply if you wish.
All machines have to be under five years old, that’s the only rule thus far.
I’m sure that I don’t have to tell you, especially those that are a bit shrewd, that this will in effect build a business within the business and build a lot of value in if you get enough out there assigned to you. This was my primary goal with this, you build and retain your own customers.
If you’re interested get a hold of Sean (Del) by PM or on his mobile, 07971 590040 or you can email him on sean4454@hotmail.com on this.
Hope it’s of interest, it certainly is to me and many others.
K.
Re: UKW Monthly Insurance
I now have the forms available electronically if anyone needs them so you can print off as and when you need them.
K.
I’ve updated the the starter pack with a ton of stuff including some info on this subject but it is now an 8Mb download. 😉
K.
Updated it again and brought down a lot of the file sizes so it’s just over 2Mb now. The laugh is that I don’t think that all the info is there yet!
There’s info on ISE as well as UKW and I will add to it in due course.
K.
Re: UKW Monthly Insurance
Updated quick guide for the insurance as well is now available as it seemed to be confusing some people a bit, it’s really very simple.
Anyway, it’s here from this link and also now added to the starter pack.
HTH
K.
Re: UKW Monthly Insurance
That’s great K… Thx for all that hard work… Don’t suppose we can get something similar to sell with our used machines?
George
Re: UKW Monthly Insurance
How about product liability insurance for selling second hand machines. Does anyone have any rec’s
Cheers
SimonRe: UKW Monthly Insurance
i presume this is still going
could i have an update on prices please
😳 could you send me another starter pack please 😳
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