Target Market Our wholesale product is underwritten by Tokio Marine HCC and is suitable for small to medium sized wholesalers and distributors that operate from high street premises or industrial units. This is a material damage and liability package product that provides insurance cover for buildings, contents, stock, business interruption, money, goods in transit and book debts combined with public, products and employers’ liability insurance.
In addition, the product also provides the option to cover legal expenses and terrorism cover. The product is not suitable for companies and/or individuals that have a turnover of more than £750,000*.
*A turnover of up to £1,000,000 can be considered for renewals.
Features & Benefits
Stock cover
Contents cover
Business Interruption
Money
Goods in Transit
Book Debts
Frozen Food
Employer’s Liability
Public & Products Liability
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
Theft damage to buildings – 10% of trade contents sums insured
Loss of licence available up to a limit of £100,000
