Terms of Business Introduction & Definitions
These terms of business (TOB) refers to both Consumers & Commercial Customers. A Consumer is any natural person who is acting for purposes which are outside his trade or profession. A Commercial Customer is a customer who is not a consumer. To read the terms of business relevant to you click the link above to open or download as a PDF file.
Holiday Home Insurance Specialist
14 Habat Enterprise Park, Clovelly Road Industrial Estate, Bideford, Devon, EX39 3HN
Registered in England 02946794
From the 1st April 2013 the Financial Conduct Authority is the independent watchdog that regulates financial services. Holiday Home Insurance Specialist is authorised and regulated by the Financial Conduct Authority. Our FCA registration number is 224623. You can check our status on the financial services register on the FCA website or by contacting the FCA on 0800 111 6768. Our permitted business, to which these Terms of Business Notice (TOB) relates, is the advising, arranging, dealing in and assisting with the placing and administration of General Insurance policies.
This is a broad outline of the main classes of insurance that are available in the market, but it is not exhaustive. We are duty bound to advise you that you should insure for all areas of risk. However this decision rests with you, again we must urge you to consider the financial consequences of being uninsured or under insured.
Your buildings and/or contents can be insured against: –
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.
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.
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.
Gives the business protection against misappropriation by employees.
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.
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. Directors and Officers cover will afford protection up to the requested indemnity levels.
Covering goods exported and/or imported, as well as other marine and aviation risks.
For principals and employees. Can be arranged either for specific journeys or on an annual basis.
Providing capital sums in the event of death or permanent disability and weekly benefits for temporary disability, for principals and employees.
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.
Protection against acts of terrorism where your other insurance excludes or restricts such cover.
Tailored insurance for all types and numbers of motor vehicles.
Covers 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.