Covers your business assets for sudden and accidental damage.
If you have reinstatement cover, we'll reimburse you for the costs incurred to repair or replace the insured property to a condition as when new.
If you have indemnity cover, and the insured property is repairable then we'll reimburse you for the costs to repair to the condition it was in immediately before the loss. If the insured property is not repairable we'll pay you the cost to replace with property of similar condition to the one damaged.
Buildings, signs and exterior fittings
Business assets include buildings, their service facilities, signs, walls, gates, fences, paving and landscaping.
Contents, including fixtures and equipment
We also cover your business machinery, plant, equipment, tools, fixtures and fittings, furnishings and furniture, tenant’s improvements. The cover also extends to items while they’re temporarily away from your place of business.
Business stock and materials you own
Stock and materials you use for your business are also covered.
Cover the replacement of keys and locks
Covers the cost of replacing the locks and locking devices of your premises if stolen or unlawfully duplicated.
Covers expenses involved in reinstating your business assets such as architects’ and surveyors’ fees.
Prevention of damage
Covers costs you incur in trying to prevent damage to your assets.
Download a copy of our business assets insurance policy