Property

Will provide cover for any accidental material loss or destruction to your interests at the premises used by you for carrying out your business, together with losses resulting from events such as fire, lightning, explosion, damage caused by aircraft, riot and malicious damage, earthquake, subterranean fire, storm, tempest or flood, escape of water, impact by motor vehicles, and theft following forcible and violent entry.

Business Interruption

This insurance will provide cover for any loss of profits or revenue following interruption of, or interference with, the business as a consequence of a loss that is indemnifiable under  the Property Insurance cover.

Public Liability

Insurance will provide cover against Legal Liability, should you become liable to pay compensation in respect of accidental bodily injury and/or accidental loss of or damage to material property incurred by third parties.

Employer’s Liability

This insurance provides cover against Legal Liability, should you become liable to pay compensation in respect of accidental bodily injury or disease incurred by an employee arising out of and during the course of their employment.

Money

Covers any loss of money occurring under particular circumstances, such as in transit, on the premises during business hours, on the premises outside business hours contained in a locked safe, or on premises outside business hours not contained in a locked safe, a bank night-safe or an automated teller machine.

Electronic Equipment

Will provide cover for sudden and unforeseen physical loss or damage to the electronic equipment, and/or external data media, occurring at the premises used by you for carrying out your business. Furthermore, you will be covered for a specified amount should any damages result from a total or partial interruption of operation of the electronic equipment.

Add-ons

Life Insurance (Business Loan Protection)

Loan Protection Insurance, also known as Decreasing Term Insurance, is often a minimum requirement when arranging a business loan. This cover is designed to reduce over the term of the policy, broadly matching the outstanding loan amount.  As any potential payout decreases over time, you will find the premium of a Loan Protection Life Insurance policy is cheaper than Level Term Life Insurance.