Property Insurance You May Need

Material Damage insurance

covers the physical assets of your business, typically your business premises and its stock and contents (including computer equipment and plant and machinery), against loss or damage caused by a range of specified hazards including fire, storm, flood and theft. Alternatively, you might opt for the wider 'All Risks' cover.

Business Interruption insurance

provides financial compensation if your business suffers loss of income following damage insured under your material damage insurance e.g. a fire or flood.  For example, it provides for loss of income whilst rebuilding or repairs are being carried out.  It also takes account of the additional expense involved in moving the operation into short term alternative premises.

Loss of Money insurance

covers business money that is lost or stolen, including from your business premises, in transit and from yours or a director or employee's home.

Goods in Transit insurance

covers loss or damage to your stock and business contents whilst in transit within the United Kingdom in your vehicle or when sent by carrier, up to specific limits.

 

These insurances are just some of the covers available under our commercial business insurance product.  Contact your chosen Cherrypicked Insurance broker to find out more.

 

To talk to an expert in your area and get a quote.