• Accidental damage to underground pipes and cables
• Loss of rent up to 15% of the buildings sum insured
• Fees and debris removal costs
• Property owners' liability - to a limit of £1,000,000
• Excess £250 except for subsidence excess £1,000.

• "Accidental Damage" and Subsidence.

Summary of Cover

Buildings

Buildings are insured on reinstatement basis for loss or damage caused by the following events:

• Fire, lightning, explosion or earthquake
• Theft or attempted theft by forced entry or exit
• Riot or malicious damage
• Storm or flood
• Escape of water from fixed apparatus
• Impact
• Falling aerials, trees or branches
• Leakage of beer or fuel oil.

Contents

Trade contents are insured for loss or damage caused by the same events as buildings.

Also included in the policy:

• Property temporarily removed - up to 15% of the office contents sum insured
• Accidental loss or damage to all glass and fixed sanitaryware
• Accidental breakage of fixed glass
• Debris removal costs
• Replacement of locks - up to £500.

Money

• Loss of negotiable money e.g. cash, postal orders:
  • in transit, when open for business or in a bank night safe - £4,000
  • in a locked safe - £1,000
  • by registered post - £1,000
  • at home - £500
  • in the premises when unoccupied - £250.
• Loss of non-negotiable money, e.g. crossed cheques - £250,000.
• Assault benefits payable as a result of malicious attack by anyone stealing or attempting to steal money or contents;
  • £10,000 benefit following death, loss of limbs or sight, or permanent inability to work
  • £100 weekly benefit for temporary inability to work
  • up to £250 per person for personal effects.
• Replacement of locks - to a limit of £500.
• Business interruption - to a limit of twice the trade contents insured, which can be increased at your request. Indemnity periods from 12 to 36 months can be selected. Cover includes:
  • notifiable disease at the premises or poisoning from food or drink supplied
  • defective drains/sanitary arrangements causing closure
  • vermin or pests at the premises
  • murder or suicide at the premises
  • failure of public utilities
  • damage at supplier's premises to a limit of £10,000.
• Excess £250.

Optional Extension

• "Accidental Damage".

Liabilities

• Employers' Liability, excluding offshore work - indemnity limit £10,000,000 including personal liability during visits abroad, indemnity to others and Health and Safety at Work Act (1974)
• Public and Products Liability - indemnity limit £1,000,000 including non-manual work abroad, motor contingent liability, indemnity to others and principal, cross liabilities, Health and Safety at Work Act (1974) and Defective Premises Act (1972).

Goods in Transit

• Cover can be provided for loss or damage of goods whilst in transit anywhere in the UK. Excess £50.

"All Risks"

• Cover can be provided for "all risks" on specified items within the premises or anywhere within the UK. Excess £50.

Terrorist Damage

• Covers up to £100,000 for buildings, contents, business interruption, for each loss occurrence, excluding Northern Ireland.

Legal Expenses

Incurred in respect of:

• Employment - fees and awards
• Property
• Tax and VAT investigations
• The Data Protection Act
• Criminal prosecution defence - for the company and employees
• Unrecoverable wages as a result of jury service
• To a limit of £50,000
• Excess £75. Certain situations are not insured

Optional Extension

• Contract cover which covers expenses arising from disputes with customers or suppliers after a sale or purchase of goods or services.

Main Exclusions

The principle exclusions listed below apply in addition to the standard commercial market exclusions but these should not be taken as a definitive list. For full details of all the applicable exclusions, please request a policy document.

• Damage caused by theft or attempted theft not involving violent and forcible entry or exit
• Damage caused by pollution or contamination
• Damage caused by storm or flood to property in the open
• Damage by escape of water to stock or goods in trust in any cellar or basement when not stored at least six inches above floor level
• Loss of money arising from acts of dishonesty by any employee not discovered within 14 days
• Loss of goods from an unattended road vehicle unless securely fastened and locked
• Public liability arising from professional advice given
• Products liability arising from product guarantee and recall
• Products liability arising from known exports to the USA or Canada
• Any loss arising from war, civil war, fire or explosion by Terrorism. However please note separate Terrorism Damage cover is provided as detailed above.

Please Note

The above example only provides brief details of a specific policy. Cover will vary depending on the Insurer issuing the policy. For precise cover, conditions and exclusions applicable, please request a policy document.

For further information on any of our products please click here to contact Tysers, UK Division Corporate & Commercial department.

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