Office insurance is specifically designed to meet the particular needs of your office environment and provides protection against unexpected events, such as fire, flood, theft and injuries to employees or the public on your premises. A standard office insurance policy covers office equipment and all contents. An office insurance policy can be tailored to your specific business and its requirements.
Office Insurance Extras
Building Insurance:
This insurance covers the building that is owned by the business against fire, flood, robbery and accidental damages.
Public Liability:
Public liability is important for the protection of a business from third party claims for injuries and damages that have occurred from negligence on your premises.
Employer’s Liability:
This is a legal requirement if your business has employees. It protects you from claims for injuries or the death of an employee that might have occurred during the course of your business.
Business Interruption:
Business interruption insurance compensates for the loss of revenue and other costs of working when your business is interrupted due to damage by perils such as fire and flood.
Legal Expenses:
This insurance provides cover for legal costs and compensation arising in the event of legal disputes up to the fixed amount mentioned in the policy.
Professional Indemnity Insurance:
Professional indemnity insurance covers your business against legal costs and compensation arising from third party losses due to negligence associated with you or your employees. This insurance is for a business that deals in advisory or consultation service, such as lawyers, accountants and financial advisors.
While the above options are known to be included in a standard policy to safeguard your business to the maximum, various covers are offered as an extension to give you complete peace of mind.
Office Insurance: Additional Cover
Portable equipments or items insurance:
This insurance covers laptops and other equipments, such as tools and hardware, against all risks anywhere in the world.
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Fidelity insurance or employee dishonesty cover:
This insurance protects you against any losses suffered due to employees, such as loss of money or goods caused by fraud or dishonesty of employees.
Business Travel Insurance:
Business travel insurance provides cover for loss or damage of business equipment while traveling. Some policies also provide cover for unexpected events, such as illness or death whilst on a business trip and reimburse the cost of hiring a replacement employee.