Commercial Express

The Value Added MGA

01384 473021

Commercial & Industrial
Property Owners

 

A new addition to our multi insurer panel on Commercial & Industrial Property Owners, this scheme from Channel Syndicate 2015 has been primarily designed for Unoccupied Properties. The scheme offers greater options on cover and premium for properties currently vacated.

Scheme: Channel Syndicate 2015

Features & Benefits whilst Unoccupied


  • Property Owner’s Liability £2,000,000 LOI as standard with the option to extend to £5,000,000 LOI
  • Landlords Contents up to £10,000 now available
  • The cost of replacing external locks following theft of keys up to £1,000
  • Cover limited to £5,000 for damage caused by malicious persons authorised to be in any part of the buildings (Not Available on Option 1)
  • Pro rata cancellation subject to minimum time on risk charge


Unoccupied Properties – levels of cover available

Option 1 – Fire, lightning, explosion, aircraft or other aerial devices or articles dropped there from, Subsidence, landslip and heave. Section 1 Extensions of Theft of Keys, Extinguishment, Alarm Resetting Expenses, Buildings – Boarding up of Glass and Property Owners Liability.

Option 3 - Fire, lightning, explosion, aircraft or other aerial devices or articles dropped there from, Subsidence, landslip and heave, riot, civil commotion, strikers, locked out workers, persons taking part in labour disturbances or malicious persons, earthquake, storm or flood, and impact by any road vehicle (including goods falling from them) or animal not belonging to You or under Your control, falling trees, branches and falling aerials. Section 1 Extensions of Theft of Keys, Extinguishment and Alarm Resetting Expenses, Buildings – Boarding up of Glass and property Owners Liability.


Additional cover provided as standard when the risk becomes Occupied


  • Trace and Access costs up to £5,000
  • Unauthorised use of utilities up to £10,000
  • Loss of Metered Water £2,500 any one claim, maximum £5,000 any one period of insurance
  • Damage to landscaped gardens up to £25,000
  • Accidental Damage to cables and underground service

Optional Extras available if Occupied


  • Book Debts available up to a limit of £100,000
  • Buildings cover – Accidental Damage available
  • Landlords Contents cover – Accidental Damage available