About Office Insurance

Summary of Cover

Property Damage

Covers buildings and office contents against accidental damage (including theft and subsidence) on a reinstatement basis (i.e. ‘new for old’). Contents item automatically includes:

computer equipment up to 30% of the office contents sum insured
£500 of wines, spirits and tobacco (not for sale)

Principal extensions under this section include:

professional fees
automatic cover for new buildings or extensions up to 15% of the sum insured or £500,000 whichever is the least
debris removal Public Authorities clause

Cover is subject to a £250 excess (£1000 or 2500 for subsidence dependent on area).

Money and Personal Assault (automatically included)

Covers loss of money for fixed limits up to a maximum of £250,000 for non-negotiable money (crossed cheques, credit card vouchers etc) and £5000 for negotiable money depending on the nature of the loss.

Cover is subject to a £250 excess.

If you, members of your family or employees are injured during a robbery or attempted robbery we will pay them either £10,000 or £100 per week for 104 weeks depending on the nature of their injury.

Specified All Risks (automatically included)

Covers loss of your portable equipment (e.g. laptops, mobile phones, cameras etc) on a worldwide basis against accidental damage on a instatement basis (i.e. ‘new for old’)

Cover is limited to 15% of the Office Contents sum insured or £10,000 whichever is the least and is subject to a £250 excess.

Business Interruption (optional)

Covers loss of profit and/or increase in cost of working due to interruption of your business following damage insured under the Property Damage section.

Employers Liability (automatically included)

Covers your legal liability up to £10 Million for employees injured whilst in your employment. The limit applies to each claim. The total amount payable in the period of insurance is unlimited. Cover is also provided for your legal costs and expenses in defending any criminal proceedings brought for a breach of the Health and Safety at Work Act (maximum £250,000 inclusive of limit).

Public and Products Liability (automatically included)

Covers: -

(a) your legal liability for up to £2,000,000 for accidental injury to any person (other than employees) and/or accidental loss or damage to property; wrongful arrest etc; trespass or nuisance arising from your business and occurring within the UK during the period of insurance, and

(b) your legal liability for up to £2,000,000 for accidental injury, loss or damage arising from the sale, supply etc of goods and products from within the UK and occurring during the period of insurance.

Claims against you must be brought within the UK.

The limit of indemnity under the public liability section applies to each claim whereas under the products liability section the limit applies to each claim and in total for the period of insurance.

A £500 excess applies under the public liability section in respect of claims for loss or damage to property.

Principal extensions under this section include

legal costs and expenses in defending any criminal proceedings brought for a breach of the Health and Safety at Work Act (maximum £250,000 inclusive of limit)
Consumer Protection Act and Food Safety Act defence costs cover
Defective Premises Act cover
oversees personal liability cover
Data Protection Act cover