The Alliance Leadership Team should assess the insurance quotes obtained by the insurance broker. The assessment of the insurance quotes should be conducted in line with the assessment criteria outlined in Appendix E, Assessment of Insurance Cover. The key issues in assessing the insurance cover include the:
• cost;
• scope;
• limits;
• term; and
• security.
The alliance leadership team may have recourse to the risk advisor and/or the insurance advisor in assessing the insurance quotes.