Insurance + Risk Services

Business Pack Insurance is a wide-reaching and flexible insurance policy, best suited for small to medium size companies. Cover sections can be tailored according to your specific risk exposures, in order to protect the assets most important to your business.

EngInsure’s advisers will work in partnership with you to ascertain a clear picture of the core asset and risk portfolio of your business. This process will help to ensure your Business Pack policy aligns perfectly with your needs, responding to the intricate and diverse risk exposures unique to your engineering firm.

A business pack policy can protect:

• Key assets e.g. building, stock, machinery or office equipment
• The continuing financial viability of your business if you suffer an insurable loss and,
• Your legal liability for personal injury and / or damage to property caused by a negligent act of an employee whilst carrying out a work related activity.

Please Note: Below are some of the more common insurance policy features, however, the list is not exhaustive and some features may not be offered by certain insurers. Please refer to the insurer-specific policy wording for inclusions, exclusions, terms and conditions. 

Covered features

Property Damage

Cover for physical loss or damage to your property during the policy period.

Theft

Protection for the loss of your contents and stock resulting from theft, attempted theft, an armed hold up or an actual or threatened assault. 'Theft of property insured in the open air' is an optional extra.

Public and Products Liability

Cover for your liability experienced as a result of negligence, alleged or actual, that has resulted in injury, property damage or advertising injury to a third party.

Glass

Coverage for glass breakage in instances where you own the glass, or where you are legally responsible for the glass.

Business Interruption

Financial protection for the loss of gross profit in the event your business operations are interrupted or interfered with as a result of an insured peril e.g. theft, fire or storm damage.

Machinery and Equipment Breakdown

Cover for costs as a result of the breakdown of machinery or electronic equipment on your premises. This policy feature can cover you for the repair and consequential losses experienced as a result of the breakdown e.g. spoilage of stock, lost profits while waiting for replacement parts.

Money

Cover for loss of money from your business premises within business hours, in a locked safe, in transit and/or at your private residence.

General Contents

Cover for items used offsite e.g. tools, lap tops, phones and other electronic equipment crucial to the operation of your business.