Impact of Damage

In many cases, in today's insurance market, Valuable Papers and Records Coverage is available for corporate and institutional environments where protection of these valuable corporate "assets" is a prime consideration to the viability of the entity in the event of a disaster. Recognize the impact of damage on the organization. In many instances, the impact on the entity and the amount of the claim due to destruction of documents can go far beyond the cost of restoration. Damage to paper documents can have a different impact depending on the nature of the organization and the nature of the specific documents involved.