At First Priority Insurance Brokers, we understand that each individual business is unique and requires a tailored consideration of its specific insurance needs. We always ensure that our clients’ insurance policies provide adequate cover to mitigate their specific business risks, giving them a peace of mind to run their business confidently with the knowledge that they are fully covered.
- Property Damage – Fire & Perils Insurance
Fire & Perils Insurance will protect your property, buildings and contents against loss or damage. The damage or loss can be caused by fire, explosion, storm, lightning, wind, vandalism - Business Interruption (Business Income) Insurance
Business Interruption Insurance covers you from the resulting loss your business may suffer from reduction in turnover and the subsequent loss of income/profits due to section 1 (Fire & Perils Insurance). - Theft or Burglary
Should you suffer loss or damage to property/contents and stock contained in your premises as a result of acts of theft or burglary, this insurance cover provides financial compensation for this loss. - Money
Money insurance covers the loss of or damage to your business’s money due to various causes such as:- Damage to safes/strong rooms
- In your premises during or after business hours
- In transit from your premises to the bank and vice versa
- Glass
Many businesses operate in premises with glass doors, windows, showcases or buildings with glass panels. Glass cover covers loss of or damage to either external glass or internal glass, or both; at your premises. - Machinery
Many businesses employ the use of machinery (such as fridges, freezers and air conditioners) in their operating activities and any sudden and accidental physical damage/loss could be extremely expensive to repair or replace.
This insurance covers against loss or damage from the breakdown of machinery (including boilers and pressure plant). - Electronic Equipment/ Computer
As businesses become increasingly reliant on electronic equipment and computer systems, any loss or damage to these systems could have severe consequences for the business.
This section includes the cover of computer systems and electronic equipment breakdown. This section can be extended to include temporary removal from your business address, breakdown, reinstatement of data costs following insured damage, temporarily hiring in replacement equipment and accidental or malicious erasure of data - Broad form Liability
Many business owners do not fully understand the high risk exposure they face should customers sue or bring legal action against them.
This policy section covers your legal liability for personal injury to another person (other than employees) or damage to property owned which is caused by an occurrence in connection with the business.
This list and it’s accompanying explanations are only general in nature and do not constitute advice in any shape or form. For specific cover, please refer to the Product Disclosure Statements of the relevant insurance policy wording.
For professional advice and free quotation, please contact us.