Commercial & Industrial
Property Owners

Target Market
Our Commercial & Industrial property owners’ products are suitable for commercial and/or industrial properties that are tenanted, owner-occupied or vacant.

These products provide insurance cover for buildings, contents, loss of rent and property owners’ liability insurance.
In addition, terrorism covers can be added onto our commercial & industrial property owners’ products.

Scheme: Tokio Marine HCC

Features & Benefits

• Property Owner’s Liability £2,000,000
• Loss of Rent up to 20% of the sum insured or up to £150,000 alternative accommodation unless unoccupied
• Trace and Access up to £5,000
• Accidental Damage to cables & underground service
  
• Pro rata cancellation subject to minimum time on risk charge
  
• Loss of Metered Water £2,500 any one claim, maximum £5,000 any one period of insurance
  
• Unauthorised use of utilities up to £5,000
• Capital Additions - 10% of the building sum insured or £250,000 whichever is less
  
• Illegal cultivation of drugs - clean up costs and remedial work in reinstating your building back to it's original condition if the tenant alters the building without your knowledge - £5,000 in anyone period of insurance (not available if the building is unoccupied)
• Cover limited to £5,000 for damage caused by malicious persons authorised to be in any part of the buildings
  

Optional Extras

• Option to increase Property Owner’s Liability to £5,000,000 (Limit of Indemnity)
  
• Wider cover available for unoccupied properties
  
• Buildings cover – Accidental Damage available
  
• Landlord Contents cover – Accidental Damage available
• Terrorism is available as an optional extra