Main Policy Features Explained

Property Damage – Ensure your property is covered for the full reinstatement cost. Our policies include a wide range of perils which can include accidental damage cover, subsidence, the cost of repairing  yards, car parks and landlords’ contents.

Capital Additions – Automatic cover for newly acquired premises and alterations, additions and improvements to existing premises.

Unoccupied Buildings – Full cover can be provided for vacant buildings, depending on the risk, subject to security and management requirements.

Inflation Cover – You can be protected against inflation either with ‘Index Linking’, where your sum insured is adjusted according to the rebuilding cost index. Alternatively you can be covered by ‘Day One’ cover, where you select your own inflation provision for your buildings.

Loss of Rent – Covers your rental income should your building become inhabitable following a covered claim, up to the indemnity period that you have selected. Choose from 12, 24 or 36 months cover.

Property Owners’ Liability – You have a legal obligation to ensure that third parties are covered in case of accidental injury or damage. Legal costs and expenses are covered in defending prosecutions under all relevant Health & Safety legislation. Choose from varying levels of cover.

Employers’ Liability – A legal requirement if you have employees. Covers your business against damages and legal costs which result from an employee suffering an injury or disease due to, and during their employment. Standard cover provided up to £10 million, higher limits are available on request.

Acts of Terrorism – Cover is usually excluded unless requested. Protection for your properties against chemical, biological and nuclear acts of terrorism.

Property Owner Legal Protection - Ensure you have cover in place to protect your business from legal consequences of actions by tenants, squatters, repossessions, rent recovery or planning issues. Choose from indemnity limits of £50,000 or £100,000.

Engineering Cover – Make sure you are covered following the breakdown of machinery, pressure plant equipment and heating and ventilation systems due to mechanical or electrical defects. Covers machinery hired throughout the year until the problem is fixed.