IPS Services
At IPS Insure we provide insurance solutions for all customers, both private and business.
What we do
Since 1990 IPS Insure has forged an enviable reputation as a leading and respected insurance broker, providing insurance solutions for all customers, both private and commercial throughout the United Kingdom.
We maintain considerable investment in continuous training and development of our staff who undergo professional assignments and assessments.
FAQs
How do I contact IPS?
You can write, email or call us by telephone. A member of our team will deal with your enquiry immediately.
What countries do you cover?
We cover the whole of the United Kingdom.
When am I protected?
You are protected from the date of inception or as stated on your insurance terms and conditions.
What happens in the event of a claim?
In the unfortunate event of a claim you will need to contact the office and complete a questionnaire regarding the circumstances. A dedicated member of our team will then monitor your claim until settlement.
What if I don’t understand my policy contents?
If you are having difficulty understanding the terms of your policy a member of our team will be happy to explain it to you.
What is the 'Buildings declared value' and is it the same as the value of my property?
The Market value of your property is the amount it is worth when valuing it for sale or mortgage purposes. The Buildings Declared Value (BDV) is the value used for insurance and is the re-instatement value i.e. the amount it will cost to reconstruct your home if it were destroyed. The BDV is usually lower than the market value.
What is 'Index linking'?
Index linking is the increase in the BDV year on year to keep up with inflation.
What is 'Day one uplift'?
Day one uplift is the increases in the amount insured to cover for any increases in building materials during the course of your policy term should you need to claim.
What are 'Endorsements'?
In insurance, an endorsement is a written amendment to a policy that modifies, adds, or restricts coverage terms. It’s essentially a rider or attachment to the original policy document that changes the scope of the coverage.
Why is the 'Statement of fact' so important?
It is important to study and agree with the statement of fact provided with your quotation documents as this is result of all the questions answered and forms the basis on which the cover of your policy relies.
Why do I have to provide my date of birth?
Your date of birth is essential in identifying you from a similarly named individual who may be registered in an official list.
It is essential for insurance companies to perform sanctions checks to comply with FCA regulations.