Depending upon the nature of the your manufacturing processes involved, your day to day business will face many challenges. These may include costs associated with the breakdown of custom made machinery, the fluctuation in currencies for imports and exports, health and safety of your workforce and the public as well as the more usual risks of theft, fire and flood.
We have access to a wide range of insurers products tend to differ from insurer to insure, generally a commercial combined product is designed to meet the demands and needs of someone wishing to insure the assets, earnings and legal liabilities of their business.
Normally Commercial Combined policies are made up of the following sections of cover:
Covering all your contents, machinery etc against loss or damage to all trade contents caused by the following perils:
fire, lightning and explosion, aircraft, riot, civil commotion or malicious damage, earthquake, subterranean fire, storm, tempest or flood, escape of water from tanks, apparatus or pipes, escape of oil, impact by vehicles or animals, sprinkler leakage, theft or attempted theft following forcible and violent entry to or exit from your premises, accidental damage and the option to include subsidence
Our team of expert brokers will sit down with you and discuss the sums insured you require to ensure your business is insured correctly.
In the unfortunate event of needing to claim under the material damage section, it is likely to result in causing an interruption to your business and a loss in income. With our guidance we will be able to advise you of the best way to protect your income to ensure that you business is able to continue in the event of a loss.
Covers your legal liability in connection with your business for accidental injury to members of the public or accidental damage to property not owned by you up to a selectable limit of indemnity of £2 million, £5 million or £10 million any one claim.
Accidental injury or accidental damage caused by products supplied up to a selectable limit of indemnity of £2 million, £5 million or £10 million any one period of insurance
Cover includes the legal liabilities of:
• members of your canteen, social, sports or welfare organisation or ambulance, first aid or fire services
• your partners, directors or employees
• anyone you are carrying out work for under any contract in respect of that work
An employee traps their arm in some machinery in your workshop.
Some raw materials catch fire in the workshop causing fire damage to the buildings and contents.
A product you manufacture is defective and causes injury to a customer.