What are the main features of a Business Contents Insurance Policy?
Business Contents Insurance can come as a standalone product or you may wish to consider the economies of scale when purchasing it as part of a bespoke insurance package (typically this might also include liability and indemnity cover). Your policy will include replacing or repairing fixtures, fittings, equipment and tools in the event of damage, loss, vandalism or theft.What are the main features of a Business Contents Insurance policy Bullets: - Can cover the contents in a variety of business premises, from working from home (which would likely not be covered by your typical home insurance) to the premises you own or rent. - Damage to, or loss of contents caused by natural events such as fire, flooding or storm damage. Please note that general wear and tear is not covered. - Covers acts of theft and vandalism. - Covers accidental damage.
Main Features
- Can cover the contents in a variety of business premises, from working from home (which would likely not be covered by your typical home insurance) to the premises you own or rent.
- Damage to, or loss of contents caused by natural events such as fire, flooding or storm damage. Please note that general wear and tear is not covered.
- Covers acts of theft and vandalism.
- Covers accidental damage.
- Covers shop fronts, glass and windows, fixtures and fittings (such as décor, lighting, kitchen equipment, etc), furniture, tools and equipment (e.g. manufacturing or tech items).
- Can include stock cover (for example a salon would hold product stock both for service use and sale). This can be extended to high-risk stock, deterioration of stock and cover seasonal increases (e.g. Christmas) where required.
- Covers data loss due to physical damage such as an office fire that destroys your server or hard drive.
- Optional cover options are available such as loss of money, personal belongings of employees and visitors, portable items and goods in transit.
