Unaric Equipment Track simplifies insurance administration by allowing you to store and manage insurance policies alongside associated equipment records. Each policy entry includes key details such as provider, policy number, expiry date, policy value, and annual premium.

When equipment is linked to a policy, the system automatically updates the Total Equipment Cost field, giving you an instant view of the total value insured. Everything lives in one place so you can reduce manual updates and avoid gaps in coverage.

Creating a new insurance record is straightforward. Navigate to the Insurance tab, click the down arrow, and select + New Insurance.

A simple form collects key information such as policy name, provider, policy value, and expiry date. The Total Equipment Cost field is automatically calculated based on the linked equipment, reducing the risk of data entry errors and ensuring consistency across your records. Just click Save to finalize the entry.

Linking equipment to a specific insurance policy is quick and intuitive. In the Equipment tab, select an asset and edit its Insurance field by clicking the pencil icon.

Start typing the insurance policy name to find it, and then click Save. This association ensures that every item has clear insurance tracking, which improves accountability and simplifies audits or claims.

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As equipment is added or removed from a policy, Unaric Equipment Track automatically recalculates the Total Equipment Cost associated with that insurance.

This real-time update gives you confidence that your coverage reflects current asset values, helping you avoid underinsurance or overpayment.