Specialist Office Insurance

www.towergateinsurance.co.uk offers many different types of business insurance policies. By having such a wide range, it makes it easier for businesses to get just the right kind of coverage they need.

One type of insurance offered by Towergate is their specialist office insurance. This kind of policy was created to provide entrepreneurs with a peace of mind by ensuring them that everything is protected, including your property as well as your employees.

Specialist office insurance combines two other policies into it. Taking out an office insurance policy would also provide both employers’ liability and public liability insurance. This would provide protection to your employers and customers and protects you in the event that an accident occurs on your premises for which you are responsible. Employer’s liability policies can be taken out for amounts as high as £10 million. Both public and product liabilities have coverage amounts at a maximum of £2.5 million. With these policies legal expenses also are covered.
Coverage will also include protecting your business premises from certain events, this would also include the furnishing and office equipment within the building. Other businesses have a great deal of equipment that is not used on the business premises, for instance, laptops can be taken to a variety of locations to conduct business off site. You can add what is known as an all risks protection to the insurance, this will protect business equipment that is used off site.

Another benefit of office insurance is that it will provide coverage if your business is interrupted and this sort of coverage can be taken out for maximum of £3 million. Also, if your business is the victim of theft, these losses can be recouped with this type of insurance policy. This office insurance coverage will cover accidental damages. There are some exclusions that do apply and these would include incidents as a result of war, nuclear risks, and pressure waves caused by aircraft or acts of terrorism.

When you take out a specialist office insurance policy, there are some options in regards to excess. Typically, the excess would be £100. However, for incidents of subsidence, the excess would be £1000. The excess for glass is £50.