The Mk1 Product
Material Damage
'All risks' cover on all contents, ie Machinery and Plant, Stock, Work in Progress, Landlords Fixtures and Fittings (where you are repsonsible), Inspection Equipment, Cutting Tools, Discs, Tips etc. Basic sum insured equal to turnover.
Business Interruption
Following a claim under Material Damage Section, again cover is 'all risks'. Basic sum insured equal to 120% of turnover per annum - 24 month indemnity period.
| Employers Liability |
Indemnity |
£10,000,000 |
| Public Liability |
Indemnity |
£2,000,000 |
| Product Liability |
Indemnity |
£2,000,000 |
| Money & Assault |
£5,000 Single Loss Limit |
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£25,000 Capital Benefits |
| Goods in Transit |
£10,000 Single Loss Limit |
Breakdown of Electronic
Business Equipment |
£5,000 |
| Book Debts |
£150,000 |
| Fidelity Guarantee |
£10,000 Loss Limit | |
The above figures are basic policy limits and can be increased.
Other Risks not included which can be added if required:
- Buildings
- Inspection of Lifting and Pressure Plant etc
- Subsidence
- Full Terrorism
- Legal Expenses
- Directors and Officers Liability
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