Answers to your business insurance FAQs can be found here. If you can’t find an answer call one of Boshers insurance advisers today on 01237 429444.
Your buildings and/or contents can be insured against:
Business Interruption Insurance covers Loss of Trading Profit due to interruption caused by an insured peril for a selected indemnity period – usually minimum 12 months. Various extensions are available, e.g. following damage at the premises of: Suppliers, Customers, Public utilities, or nearby properties restricting access to your premises.
Public Liability Insurance covers your legal liability for physical injury, damage or loss caused to third parties arising from your business activities – set at a level that that matches your liability.
Products Liability Insurance covers your legal liability for physical injury, damage or loss arising from goods sold or supplied – set at a level that that matches your liability for all claims, in any one year.
Fidelity Guarantee Cover gives the business protection against misappropriation by employees.
Commercial Legal Expenses is an increasingly important insurance, including compensation awards as well as defence costs in employment disputes. Various other costs can be insured e.g. Inland Revenue/VAT investigations, Property disputes, Certain criminal prosecution defence, Data Protection prosecutions, Contractual disputes, Intellectual Property disputes. A legal query helpline is provided, saving you legal costs.
Professional Indemnity Insurance protects your company’s legal liability for claims made against you alleging financial loss following breach of professional duty or negligence.
Increasingly, actions are taken against individual directors and officers of corporate bodies – these individuals are not protected by the limited liability available to shareholders. D & O Insurance will afford protection up to the requested indemnity levels.
Marine & Aviation Insurance is available to cover goods which your business intends to export and/or import, as well as other marine and aviation risks.
Travel Insurance is available for both business principals and employees. It can be arranged either for specific journeys or on an annual basis.
Personal Accident Insurance provides capital sums in the event of death or permanent disability and weekly benefits for temporary disability. It is available for both business principals and employees.
Engineering Insurance cover can be arranged to provide more specific insurance for certain types of plant and equipment. Inspection services can also be arranged to provide regular inspections of plant & equipment, particularly where required by statute.
Terrorism Cover provides Protection against acts of terrorism where your other insurance excludes or restricts such cover.
Motor Legal Expenses covers the Legal costs of recovering uninsured losses such as personal injury and loss of income, following motor accidents, with other valuable benefits and a legal helpline.