Target Market Our Office (Material Damage Only) product is underwritten by Tokio Marine HCC and is suitable for offices (including contractors’ offices), surgeries, travel agents and recruitment agencies. This is a material damage only product that provides insurance cover for buildings, contents, stock, business interruption, money, goods in transit, goods in trust and book debts.
The product also provides the option to cover legal expenses and terrorism cover. The product is not suitable for taxi offices (with public access) and offices used by money lenders, bailiffs and/or private investigators. In addition, the product is not suitable for any premises that is more than just an office, such as a contractors’ storage unit where the office only forms part of the premises. The product is not suitable for customers looking for liability insurances.
Features & Benefits
Contents & Business Equipment cover
Business Interruption
Money
Goods in Transit
Book Debts
Loss of Metered Water £2,500 any one claim, maximum £5,000 anyone period of insurance
Landscaped gardens - following damage by emergency services £1,000 in anyone period of insurance
Trace and Access up to £2,500
Capital Additions - 10% of the building sum insured or £250,000 whichever is less. 10% of trade contents for fixtures and fittings or £100,000 whichever is less.
Replacement of locks and keys following theft or damage £1,000 anyone claim
Seasonal Increase - the stock is increased by 25% during the months of November and December and the first 14 days of January
Rent Payable - up to 25% of the contents sum insured
Rent Receivable
Optional Extras
Buildings cover available as an optional extension
Glass, Canopies & Signs available up to a limit of £10,000
Household Goods available up to a limit of £20,000
