Specialist
Insurance - Business Insurance Information
About
Specialist Insurance
It
may be prudent to take out specialist insurance for your business
assets depending on the type of business. There are many types of
commercial insurance you may consider:
- Insurance
to an agreed limit for the loss of money, whether in transit from
a safe or from your business premises
- Goods
in transit insurance covers goods against damage while they are
being moved
- Travel
insurance is essential if you or your employees travel abroad.
- Commercial
legal cover insures against any legal expenses that may arise
out of a change in legislation or penalties resulting from non-compliance
- Credit
insurance covers you against debtors who are unable to pay as
a result of bankruptcy.
- Engineering
insurance provides specialist cover for machinery, including computers.
By law some machinery must be inspected regularly. An insurer
will be able to tell you if this applies to your particular business
and will often arrange visits
- Glass
insurance covers the replacement of glass following malicious
or accidental damage
- Data
processing insurance provides cover for electronic media and electronic
data processing equipment
- A
fidelity guarantee insures against any loss of money or stock
as a result of staff dishonesty like theft
- To
insure off-site machinery, you will need to purchase all risks
cover
- Tradesman's
tools can often be added to a liability package
List
of Major Business Insurance Providers
OCIS
provide general insurance information, we urge you to consult the
General
Insurance Standards Council
before making any important decisions about your insurance. |
