Insurance other than "Life Insurance" falls under the category of General Insurance. These contracts are annually renewable.
The types of policy that come under the heading of general insurance are:
If you own a property it is your responsibility to ensure that it is adequately insured against claims for fire, flood and theft.
If you have a mortgage, your mortgage provider will insist that you have adequate buildings insurance.
Contents insurance provides cover for the contents of your house, in other words what you would place in a furniture removal van if you were moving home.
Optional cover which can be included in either your buildings or contents insurance.
This covers policyholder's possessions against damage such as spillages and breakages in the home.
This covers high value items within the home where any single item is above £1,500 or more such as stamp or other collections, paintings, furs etc.
This will insure your personal belongings against loss, accidental damage or theft outside the home. This is a valuable addition to your policy for things such as:
This covers legal and professional fees, costs and expenses up to a specified limit in connection with legal proceedings in respect of the following, however this can vary from provider to provider:
This covers the following:
This cover provides a landlord with buildings cover, in the event of a storm, fire, flood or other incident.
Redundancy cover protects your income in the event of redundancy. You can protect up to 65% of your gross income. The cover can pay out for 12-24 months depending on your contract.
Sickness and Accident cover protects your income in the event of you being unable to work due to illness or injury and can pay out for 12-24 months depending on your contract.
Commercial insurance is specific to your type of business and can cover damage to property, business interruption, money insurance, liabilities insurance, terrorism insurance etc. Other benefits may be included depending on the business type.
Public Liability Insurance is designed to protect your business in the event of a claim by a client, contractor, or member of the public as the result of an accident on your business premises, or caused by you in the course of business outside your premises.
Businesses in the UK that employ staff are legally obliged to have employer's liability insurance to cover against a claim from an employee, in the case of an illness or injury in the course of their employment.
Exclusions will apply to all the above types of cover and may vary from insurer to insurer.
The cost of a general insurance policy varies greatly from one provider to another depending on the type of policy, therefore it is important to get the correct advice.
For a quote, complete our form below or contact Janette on 028 2744 8444.