Stock– includes goods in trust, held for repair, items to be sold on commission or in storage. Secondhand Goods are covered as standard.
Fixtures and fittings/All other Contents – includes Computer / Electronic Business equipment.
Public & Products Liability – £5,000,000 limit of indemnity as standard. Can be extended to cover any ‘manual’ work away from your premises.
Goods on Approval / Hire– covered as standard for a £5,000 limit.
Exhibition Cover – Stock and stands covered whilst at UK/EU Exhibitions up to 20% of your total stock sum insured. Stands to £10,000. Transit included. Liabilities extended. Can be increased upon request.
Shoplifting – Theft cover extended to include shoplifting of items that have been stolen whilst secured with security wiring or in lockable display cases. £10,000 item limit applies.
Goods in Transit UK– £25,000 as standard by your own vehicles or hauliers/carriers.
Goods in Transit – Europe or Worldwide (Marine Transit) – policy can be extended to cover imports and exports, high transit limits, exhibitions above the standard cover. Please contact us for details.
Seasonal Increase – the policy provides an automatic 50% increase in respect of stock for the months of October, November, December and January or any other 4-month period agreed. Option to extend to a 6-month period.
Reduced Policy Excesses – Standard policy excess lower at £200 and if you are a member of the MIA /Clarity (ex BADA) at time of loss, this reduces to £100. This applies to the Buildings & Contents sections of the policy.
Wide description of trade – as well as sales, cover extends to include demonstrations, seminars, repairs, tuition/teaching schools both on and off site etc. Working from home, Wholesaling and bespoke manufacture.
Legal Expenses – £100,000 standard cover with DAS Legal Expenses.
Special consideration will be given to requirements such as off-site storage, manual work away (installation), on-site recording studios etc.
This is an overview only and policy features vary between insurers. For full cover details, please refer to policy document, which should be considered definitive.
