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SBS Severn Bay Corporate Solutions Limited 11 Drake Walk Waterfront 2000 Atlantic Wharf Cardiff Bay CF10 4AN Demands & Needs Inquiry (Motor Trade Premises) For : Information Capture Form. Date : Due
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How to fill out motor trade fact find
How to fill out motor trade fact find:
01
Begin by gathering all the necessary information related to your motor trade business. This includes details about your business structure, trading history, and any previous insurance claims.
02
Fill in the section about your business profile, providing information about the types of vehicles you deal with, your annual turnover, and any additional services you offer.
03
Provide accurate information about the number of employees you have and their roles within the business. This will help assess the level of risk associated with your operations.
04
Make sure to accurately record any previous claims or incidents related to your motor trade business. Include details about the nature of the claim, the amount paid, and the year it occurred.
05
Provide information about any additional insurance coverages you might require, such as public liability insurance or premises cover.
06
Review the completed fact find form and ensure that all information is accurate and up to date. Any discrepancies could affect the validity of your insurance coverage.
Who needs motor trade fact find:
01
Motor trade businesses involved in buying, selling, or repairing vehicles need a motor trade fact find. This includes car dealerships, mechanics, vehicle body repair shops, and car accessory stores.
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Insurance brokers and underwriters also require a motor trade fact find to accurately assess the level of risk associated with a motor trade business and provide appropriate insurance coverage.
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Any individual or organization seeking insurance coverage for their motor trade business should complete a motor trade fact find to ensure that their insurance policy meets their specific needs and adequately covers potential risks.
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What is motor trade fact find?
Motor trade fact find is a document used to gather information about a motor trade business, including details about the business operations, vehicles, and customers.
Who is required to file motor trade fact find?
Motor trade businesses are required to file a motor trade fact find in order to comply with regulations and provide necessary information to regulatory authorities.
How to fill out motor trade fact find?
Motor trade fact find can be filled out by providing accurate and detailed information about the motor trade business, including financial data, vehicle inventory, and customer information.
What is the purpose of motor trade fact find?
The purpose of motor trade fact find is to ensure transparency and compliance within the motor trade industry, as well as to provide data for regulatory analysis and oversight.
What information must be reported on motor trade fact find?
Motor trade fact find typically requires information such as business details, financial data, vehicle inventory, customer information, and compliance with regulations.
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