Commercial Cover Options

Commercial Insurance, the way it should be.

Business Interruption

Business Interruption cover can only be provided in conjunction with a property damage policy.

The purpose of the cover is to compensate the insured for any loss of Gross Profit following an interruption to the business as a consequence of insured property damage. The standard policy duration is twelve months however longer term policies can be provided.

Carriers Liability

The policy indemnifies the insured against losses while acting as a Road Haulage Contractor. Liberty Insurance provides the policy. The standard duration of the policy is twelve months.

Contractor’s All Risks

The policy provides contractors all risks to protect the insured against any loss or damage to the permanent and temporary contract works, materials, plant, tools, equipment, site huts and scaffolding. The standard duration of this policy is twelve months.

Employers’ Liability

The policy provides employers liability to protect the insured against legal liability to pay compensation, claimants' costs and expenses in respect of bodily injury sustained by employees arising out of, and in the course of the employment. The standard duration of the policy is twelve months.

Goods in Transit

The policy provides cover for loss or damage to property owned by the insured in the course of transit within the specified territorial limits. Liberty Insurance provides the policy. The standard duration of this policy is twelve months.

Motor Trade Policy

The purpose of this policy is to provide cover as required by anyone working in the Motor Trade Industry. The standard policy includes Road Risks, Liability and Property cover. The standard policy duration is twelve months however longer term policies can be provided.

Property Damage

This provides cover for the client's material property as detailed in the policy schedule. The standard policy duration is twelve months. Liberty Insurance provides the policy. The client has the option to select one of the following levels of cover:

  • Basic Cover - Fire, lightning, explosion of domestic boilers or gas.
  • Special Perils - Basic cover plus explosion of commercial boilers, aircraft, riot & civil commotion, malicious persons, earthquake subterranean fire, storm & tempest, impact, flood, and bursting or overflowing of water pipes and tanks.
  • Accidental Damage - Special Perils plus cover for loss, damage or destruction as a consequence of accidental damage.

The policy can be optionally extended (at either level) to provide cover for any of the following: Sprinkler leakage, loss of rent, glass, money, burglary, subsidence, and deterioration of freezer stock.

Public and Products Liability

The policy provides public and products liability cover. The standard duration of this policy is twelve months. Cover is provided to protect the insured against legal liability to pay compensation, claimants' costs and expenses in respect of accidental:

  • Bodily injury to any person (except as provided through an employers' liability policy);
  • Loss or damage to material property occurring in connection with the business.