INEA – Office & Home Office Insurance

AUTOMATIC HOME OFFICE INSURANCE POLICY COVERS:

 

CONTENTS (select total contents sum insured amount from the table above)

 

The total contents sum insured figure includes the following:
– Stock (on the premises only): £1,000
– Business contents temporarily removed (world-wide): £1,500

 

Please Note:

 

* The total contents sum insured should reflect the full replacement cost of ALL of your office contents (inc. computer & electronic office equipment), where computer and electronic equipment exceed £20,000 a NACOSS Central Station Level One Police Response Alarm is required.

 

* Each item of electronic equipment with an individual replacement value of £1,000 or greater must be:

 

1) permanently and prominently marked with the post code of the Premises and either the owner’s name or company logo
or
2) securely anchored to the desk work station or to the structure of the building by a hold down device approved by the Company the keys to which have been removed from the Premises or contained in a securely locked safe the keys to which have been removed from the Premises

 

BUSINESS INTERRUPTION

 

– Increased costs of working: £10,000
– Indemnity Period: 12 months

 

LOSS OF MONEY

 

 

LIABILITY

 

OPTIONAL COVERS FOR OFFICE AND HOME OFFICE POLICIES:

The following additional covers can be quoted for on request
– please call 0800 055 60 83:

• Additional Risk Addresses
• Additional Contents Sums Insured
• Additional Stock Sums Insured
• Extended Liabilities
• Business Interruption both Gross Revenue and Additional Cost of Working
• Material Damage for Buildings
• Legal Expenses Insurance
• Personal Accident Insurance

ROYAL AND SUN ALLIANCE OFFICE AND HOME OFFICE INSURANCE SCHEME

TERMS AND CONDITIONS

* All risks must have all of the following features:

• Not currently insured with Royal & Sun Alliance
• Not currently subject to any long term agreement/undertaking
• Office does not contain an atrium
• Premises occupied solely as an office/home office
• No more than 2 claims or circumstances in last 3 years and/or no single loss claim £10,000 or greater. Details of all claims in the past 3 years to be provided including those settled and outstanding, as well as incidents that could have resulted in a claim being made.
• Proposer has not at any time been refused similar insurance, or had any policy cancelled or voided at any time
• No manual work carried out and no work carried out offshore

If you do not comply with all of the above please contact our office on 0800 055 60 83 as we may be able to refer to insurers.

 

POLICY BENEFITS :

 

* 24 hour legal and emergency helpline

 

TERMS & CONDITIONS :

 

* £250 policy excess

 

* Acceptance of the Statement of Fact

 

* Payment of premium

 

* Excludes war and terrorism cover – separate quotation available on request

 

* Standard policy wordings and warrantees

 

* Policy period – 12 months renewable annually

 

* Security Requirements:

 

A) The Final Exit Door of the premises be fitted with a mortice deadlock which has 5 or more levers and/or conforms to BS3621:1980 specification for thief resistant locks and matching boxed striking plate

 

B) All other external doors and all internal doors giving access to any part of the buildings not occupied by the Insured for the purpose of the Business be fitted with either

 

1) a mortice deadlock with matching boxed striking plate as specified in A) above
or
2) two key – operated security bolts for doors one fitted approximately 30cm from the top of the door and the other 30cm from the bottom

 

C) All ground floor and basement opening windows/skylights and other opening windows/skylights accessible from roofs decks balconies fire escapes canopies or down pipes be fitted with key-operated window locks

 

This requirement does not apply to window/skylights which are protected by solid steel bars grilles lockable gates expanded metal or weld-mesh provided agreement shall have been obtained from the company and is stated on the Schedule

 

Any door or window officially designated a fire exit by the fire authority is excluded from these requirements

 

D) Each item of electronic equipment with an individual replacement value of £1,000 or greater must be

 

1) permanently and prominently marked with the post code of the Premises and either the owner’s name or company logo
or
2) securely anchored to the desk work station or to the structure of the building by a hold down device approved by the Company the keys to which have been removed from the Premises or contained in a securely locked safe the keys to which have been removed from the Premises

 

Compulsory Cover

 

This package is based on a core range of covers which must be taken. These are:

• Material Damage for Contents
• Employers Liability
• Public / Product Liability
• Money
• Glass

Optional Covers

 

The following can be added:

• Business Interruption both Gross Revenue and Additional Cost of Working
• Material Damage for Buildings
• Legal Expenses
• Personal Accident

Property Damage

 

General Contents (excluding Computers and Peripheral equipment) Buildings, Transparencies, Deeds and Documents, Tenants Improvements and Specified Equipment away from the office

 

a. Cover is on a ‘Fire, Perils, Theft and Accidental Damage’ basis and is subject to a £250 excess each and every claim but note:

• Theft cover is ‘full’ Theft
• Subsidence is subject to an excess of £1,000 each and every claim

b. The description of General Contents includes:

• Clothing and personal effects belonging to the insured and employees (in so far as it is not otherwise insured) up to £500 per person.
• Curios pictures and other valuables are covered up to £1,000

c. Buildings, Tenants Improvements and General Contents are insured on a Day One basis providing automatic 15% uplift of Declared Value

 

d. General Contents are covered whilst temporarily removed from the premises and in transit up to 15% of the sum insured or £250,000 whichever is the least

 

e. Cover for Buildings, Tenants Improvements and General Contents are on a ‘Reinstatement as new basis’

 

f. Deeds and Documents and Transparencies can be insured under the Property Damage Section:

• Cover at any location and in transit
• Documents exclude negotiable securities, Money and Stamps
• Transparencies include film negatives and video tapes up to £1,000 any one item
• £1,000 limit any one package / briefcase / parcel
• Cover is the costs, including stationery and labour, in connection with reproducing information but excluding the value of such information

g. Theft from any unattended vehicle is subject to the property being contained in the locked boot and all points of access to the vehicle are locked or the vehicle is stolen at the same time

 

h. The policy covers the cost of replacing the lock if the keys are lost by Theft (involving a forcible and violent entry / exit) up to £1,000

 

i. Removal of Debris cover is automatically included

 

j. Automatic Reinstatement of Sum Insured following a loss (the company retains the right to refuse reinstatement in certain circumstances)

a. We pay for replacement of glass to comply with British Code of Practice B6262. Compliance with the Code may result in replacement with a higher standard of glass

• The cost of boarding up
• Glass, including mirrors, lettering, alarm foil, sanitary earthenware and neon signs
• Stained and toughened glass up to £1,000 any period of insurance
• Glass and sanitary earthenware in part of the building occupied by the Insured as a private dwelling house
• Damage by impact of falling glass to framework and fittings of the ground floor frontage
• Damage by impact of falling glass to goods on display, limit £500
• A £250 excess each and every claim applies

Legal Liabilities

 

a. Automatic Limits of Indemnity are as follows:

• Employers’ Liability Limit £10,000,000 any one event*
• Public Liability Limit £2,000,000 any one event*
• Product Liability Limit £2,000,000 any one period of insurance*
• Legal Defence Costs Limit £250,000 any one period of insurance

* Higher Limit on Application

• Employers’ Liability – Unsatisfied Court Judgements and Compensation for Court Attendance
• Public / Products Liability – Cross Liabilities, Compensation for Court Attendance, Contingent Motor Liability, Overseas Personal Liability and Data Protection Act 1984
• Legal Defence Costs – Health and Safety at Work Act – Part II of the Consumer Protection Act 1987

 

a. Money limits are automatically:

• £2,000 any one loss for money in transit, on premises during business hours, or in a bank night safe
• £1,000 any one loss for money kept in a locked safe (in the premise out of business hours)
• From the insured’s home not in safe when occupied by an adult £500
• Any other circumstances £250
• Crossed cheques, crossed money orders and crossed postal orders £250,000

N.B. A £50 excess applies to each and every claim.

• Death / loss of one or more limbs / eyes or Permanent Total Disablement from gainful employment of any and every kind – £5,000
• Temporary Total Disablement – £50 per week for up to 104 weeks

2 Units of cover are automatically provided, if more cover is required then Personal Accident cover should be taken.

a. Cover is on ‘All Risks’ basis and is subject to a £250 excess

• Theft cover is ‘full’ theft
• Subsidence is subject to an excess of £1,000 each and every claim
• Cover anywhere in the world

b. Computers are insured on the Day One basis providing automatic 15% uplift of Declared Value.

c. Breakdown cover subject to a Maintenance Agreement in force.

d. Reinstatement of computer records up to £10,000 provided that a back-up of information (other than software programs) is carried out at least once every twenty four hours verified and stored taking all reasonable precautions in their safe storage. Also separately maintain one verified back-up copy at least once every seven days in a location away from the Premises or be kept in a fire proof safe or cabinet on the Premises.

e. Additional costs of renting computers £7,500

f. Incompatibility of Computer Records £10,000

g. Accidental discharge of gas systems £5,000

h. Additional cost of working at £25,000 with six month indemnity limit (higher limits available see rating section)

Cover is provided for the costs incurred in pursuing or defending the legal rights of the business including:

• Contract of Employment disputes
• Race Relations Act
• Sex Discrimination Act
• VAT and Revenue laws
• Property Damage and Nuisance actions against third parties
• Contract disputes (minimum claim amount of £1,000)

The Limits of Liability are:

 

Any one event: £100,000
Any one period of insurance: £1,000,000

A maximum of five units of cover may be taken out for each member of staff. Benefits are provided for accidental bodily injury occurring anywhere in the world and at any time. Cover is 24 hour.

 

Age Limit – 16 years to expiry of the Period of Insurance during which the person attains the age of 70 years.

a. Death £10,000
b. Loss of one or more limbs or eyes £10,000
c. Permanent Total Disablement from Gainful employment of any and every kind £ 10,000
d. Temporary Total Disablement £50 per week up to 104 weeks in all
e. Temporary Partial Disablement £20 per week up to 104 weeks in all
f. Medical Expenses £2,500 maximum regardless of no of units