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Providing insurance & financial advice for more than 40 years
(02) 8268 2900

Contract Review Service – Case Study

Contracts. Are they worth the paper they’re written on?

 

Technology-case-studyRecently, a Sydney based IT company approached Insurance Advisory Service with contract that had been provided to them by a third party client.

 

Upon reviewing the insurances clauses within this contract, IAS recommended that the contract be reviewed by solicitors working with IAS/Steadfast and changes were recommended including some clauses to be deleted.

 

Outcome: Sending the policy back to the third party, the IT company secured a fairer contract for them which in turn was accepted by their third party client.

 

Lesson: Don’t sign third party contracts without obtaining a second opinion and use Insurance Advisory Service’s contract review service at no cost to clients.
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