Optional Additional Covers
Insurance covers are arranged for a number of reasons, including asset protection, to comply with statutory requirements, peace of mind etc. With any optional additional covers, a review of some ‘what if’ scenarios may assist in evaluating the potential benefits, relative to cost. You may also find our Top 10 Insurance Tips useful, as these contain advice to assist you in achieving the best cover and value for money.Â
Cyber & Data Breach Liability Insurance
50% of data security breaches are caused by human error; even I.T. companies can get hacked!
A cyber policy can provide expert support, including dealing with ransom demands, restoring data etc. SMEs can be targeted by hackers as a back door means of attacking larger organisations. Optional Fraudulent Transfer and Telecommunications Fraud extensions are available.
Commercial Legal Expenses Insurance
Designed to assist SMEs with limited or no in-house legal expertise. These policies vary in their scope, however they often cover Employment Disputes and Awards, Legal Defence, Statutory Licence Appeal, Contract Disputes , Property Protection, Personal Injury, Tax Protection and provide a Legal Advice Service.
Crime Protection Insurance
To provide protection for companies against theft, fraud and dishonesty committed by employees and third parties.
Group Personal Accident Insurance
Group Personal Accident benefits are payable direct to the Employer, who can then choose to:
• Continue to pay the wages
• Cover the cost of an employment agency for a temp, until the permanent employee returns to work
• Cover the cost of retraining a new employee, if an employee is permanently injured or has suffered a fatality
Business Travel Insurance
Comprehensive worldwide business travel insurance cover, including Free Holiday cover for Director’s and their accompanying Spouse and dependent Child(ren).
Directors & Officers (D&O)
Protection for the Directors and Officers of limited companies against personal liability incurred as a result of any covered wrongful act committed in this capacity. A Director’s personal liability is unlimited. Cover can also be extended to include Employment Practices Liability Insurance
Loss Recovery Insurance
Provides and pays for the cost of an independent, expert loss adjuster, to act on your behalf to help in the preparation, negotiation and settlement of property and business interruption claims over £5,000
Terrorism Insurance
Since standard insurance policies exclude losses arising from terrorism, cover can either be arranged on a stand alone basis or, in some instances, as a policy extension.
The above is a summary of some of the optional additional covers we can arrange. This summary is not exhaustive, therefore should you have any other requirements please just let us know.
Please contact us If there is any aspect of your insurance arrangements you would like to discuss.
Call Us on 01384 442 165
Office Hours (Monday – Friday, 9am-5pm)
We will gladly discuss and review your insurance requirements, and answer any questions you may have.
