When you have an overdue invoice you want an easy way of getting paid so you can focus on your work. Chasing payments is a whole job in itself. With Jack recovers your overdue invoices for you so there’s one less time-consuming task for you to worry about.
This feature is included in the contents policy we arrange and means the insurer will cover the cost of reconstituting the data from an insured piece of equipment where the data has become lost or distorted as a result of accidental damage. Our average claim for data reconstitution is between £4000-£5000.
If your client isn’t happy with the work you’ve delivered, refuses to pay your invoice and accompanies that refusal with a threat, the insurer will pay you the money owed to you if they believe it will avoid a claim for a greater amount. We find this is one of the most used features of the professional indemnity policy. If a situation has reached the stage where a claim is being brought against you, we can assume your client isn’t happy with the work you’ve done and probably isn’t paying you.
The legal expenses product includes a debt recovery service where a solicitor will chase your unpaid invoice for you. You provide the necessary information to the insurer, the insurer assigns a solicitor and if the solicitor believes they have 50%+ chance of recovering your debt they’ll pursue the client for you. Whilst debt recovery can’t be painted as a quick fix, it’s a good option to use as a last resort if you’ve exhausted other credit control avenues.
Client due diligence
Receive a custom report that will help you make better decisions about your next client. This is ideal for those about to onboard a new client since it will help you lessen bumps in the road prior to the project commencing. It’s completely anonymous and will be sent straight to your inbox.
With Jack helped me through a stressful situation. They bent over backwards to help me! They were very patient with me and always stayed in contact throughout my claim to make sure everything was dealt with accordingly. They explained everything clearly to me (I’m not really good at this sort of stuff!) and were a delight to work with. It's clear to see how much With Jack cares for their clients. I’m really grateful for their help.