As is well known, a premises having good risk & loss control systems installed will invite lower insurance premium. This is quite natural as a well protected premises will ensure that financial losses due to mishaps are minimized resulting in lesser insurance claims. For this, not only a premises should be well protected, but the insured should also have the right insurance coverage which means that the risk should be appropriately and adequately protected by insurance. This is ensured by undertaking risk inspection, risk rating, preparing the right schedule etc. Loss investigations are also undertaken apart form specific studies like probable maximum loss estimation etc.