Property damage
Buildings, fit-outs, stock and equipment can be considered for loss or damage from insured events. Establish what you own or must insure under the lease, and the appropriate replacement or rebuilding values.
A Business Pack combines selected sections for the premises, property and everyday activities of a business. You choose the sections relevant to your operation; the package name does not mean everything below is included.
Shops, offices and other small businesses discussing several operational insurance needs together.
A Business Pack combines selected sections for the premises, property and everyday activities of a business. You choose the sections relevant to your operation; the package name does not mean everything below is included.
Buildings, fit-outs, stock and equipment can be considered for loss or damage from insured events. Establish what you own or must insure under the lease, and the appropriate replacement or rebuilding values.
After insured property damage, recovery may take longer than repairs. A selected interruption section can address defined income losses and additional expenses, subject to its trigger, calculations and indemnity period.
Consider stock and equipment stolen from your premises. Entry requirements, security conditions and limits for particular property matter; theft cover should not be assumed to cover unexplained shortages.
Money at the premises, in a safe or being carried to a bank can involve different limits and conditions. Describe your actual cash handling rather than assuming electronic payment fraud falls within this section.
This addresses specified third-party injury or property-damage claims arising from business activities or products. Review the insured activities and defence-cost terms; professional advice and product recall need separate consideration.
Shopfronts, internal glazing, mirrors and display glass may need specific treatment. Check the definition of insured glass and whether related replacement work is included.
Stock or equipment moving between locations may need a transit section. Identify the goods, journey, transport method and loading arrangements; a premises section alone does not settle the position in transit.
A breakdown section may address specified electronic equipment failures. Equipment repairs, data recovery and interruption are different costs and need their own wording and limits.
Refrigeration, production or other working machinery can stop through an insured breakdown. Discuss repair costs separately from spoiled stock or lost income, which are not automatically included.
Tools and portable equipment taken away from the premises need a clear description of where they are used and stored. Check territorial limits, vehicle storage and unattended-property conditions.
This section concerns eligible professional fees incurred in responding to a covered tax audit. It should not be described as paying the tax assessed, penalties or every accounting expense.
A selected section may address defined direct losses caused by employee dishonesty. Discovery periods, who counts as an employee and financial controls affect the scope.
An office package can bring together selected premises, contents and operating sections. The same risks appear in many Business Packs, but the office occupation and available wording determine the arrangement. Professional services and cyber risks need their own review.
Buildings, fit-outs, stock and equipment can be considered for loss or damage from insured events. Establish what you own or must insure under the lease, and the appropriate replacement or rebuilding values.
After insured property damage, recovery may take longer than repairs. A selected interruption section can address defined income losses and additional expenses, subject to its trigger, calculations and indemnity period.
Consider stock and equipment stolen from your premises. Entry requirements, security conditions and limits for particular property matter; theft cover should not be assumed to cover unexplained shortages.
This addresses specified third-party injury or property-damage claims arising from business activities or products. Review the insured activities and defence-cost terms; professional advice and product recall need separate consideration.
Shopfronts, internal glazing, mirrors and display glass may need specific treatment. Check the definition of insured glass and whether related replacement work is included.
A breakdown section may address specified electronic equipment failures. Equipment repairs, data recovery and interruption are different costs and need their own wording and limits.
Tools and portable equipment taken away from the premises need a clear description of where they are used and stored. Check territorial limits, vehicle storage and unattended-property conditions.
This section concerns eligible professional fees incurred in responding to a covered tax audit. It should not be described as paying the tax assessed, penalties or every accounting expense.
Office property insurance does not automatically insure mistakes in your professional work or a cyber incident. Review Professional Indemnity and Cyber separately.
Trades work can move between a workshop, a vehicle and a customer’s site. Review the tools and equipment you use alongside liability from the work, with any personal accident or sickness arrangement considered separately.
Tools and portable equipment taken away from the premises need a clear description of where they are used and stored. Check territorial limits, vehicle storage and unattended-property conditions.
This addresses specified third-party injury or property-damage claims arising from business activities or products. Review the insured activities and defence-cost terms; professional advice and product recall need separate consideration.
Buildings, fit-outs, stock and equipment can be considered for loss or damage from insured events. Establish what you own or must insure under the lease, and the appropriate replacement or rebuilding values.
Stock or equipment moving between locations may need a transit section. Identify the goods, journey, transport method and loading arrangements; a premises section alone does not settle the position in transit.
Explain tasks, subcontracting and responsibilities at each type of site. Do not assume the principal contractor’s policy protects your business.
The Trades brochure discusses accident and sickness options. They may be separate policies, with eligibility, waiting periods and benefits to be checked.
A farm combines a home, working property, equipment and business activities. A farm package should follow what actually happens on the property, including any contracting, visitor or accommodation activities.
Keep the residence and household belongings distinct from sheds, fencing, equipment and farm stock. Prepare separate values and identify what belongs to the farm business.
Machinery damage and mechanical breakdown are different questions. Identify fixed and mobile equipment, seasonal reliance, hired items and the effect of losing a critical machine.
Visitors, produce sales and work away from the property change the liability discussion. Describe each activity rather than assuming the acreage or a general farming description is enough.
A farm package is not a universal list of agricultural covers. The selected sections, insured property and any additional activities must appear in the proposal and policy schedule.
Repair workshops, smash repairers, dealerships and vehicle-care businesses need their activities described precisely. A Motor Trade Pack enquiry brings those needs together, but customer vehicles, road testing and workshop liabilities must be confirmed in a suitable motor-trade wording.
Describe the workshop, specialist equipment, parts and security.
Raise custody, maximum values and overnight storage for specific review.
Explain who drives, why vehicles are moved and where.
Describe repair, servicing, sales and any subcontracted work.
Consider specialist equipment and time needed to resume work.
Commercial motor is a related vehicle enquiry, not a substitute for motor trade activities.
Describe every activity and location, leased or owned premises, stock and equipment, security, turnover and recent changes. Identify the sections requested in any existing package.
A package name does not confirm its selected sections. Discuss section limits, excesses, property descriptions, portable use and any interruption arrangement separately.
Tell us what you do, what is changing and what you would like to understand. We can help organise the questions and the information needed for a meaningful insurance discussion.