LMI Group is pleased to announce the launch of our second iPhone app designed to assist in overcoming the high level of under-insurance in Australia.

Backing up LMI Group’s very popular Under-Insurance Calculator, the Building Cost Calculator guides users to determine the rebuilding cost of a wide range of buildings in Australia. The calculator assists with residential through to popular commercial building types.

As with the first app, the Building Cost Calculator is free for download through the App Store. Alternatively, simply go to the App Store and enter the search term ‘LMI Group’.

Once calculated, the guide to rebuilding costs can be emailed, providing brokers and advisers with PI protection in the form of proof that under-insurance is an issue that has been brought to the insured’s attention.

LMI Group has other useful apps under development to continue assisting the general insurance and business communities.