WHAT DOES OFFICE INSURANCE COVER?
Office insurance typically covers a range of risks that are specific to the office environment, including:
Buildings Cover: This covers damage to your office building and contents from events such as fire, storm, flood, and theft.
Business interruption: This covers loss of income if your office is unable to operate due to a covered event, such as a fire or storm.
Public liability: This covers third-party claims of injury or damage caused by your business operations, such as a visitor tripping and falling on your premises.
Employers’ liability: This covers claims made by employees who suffer an injury or illness as a result of their work.
Stock and goods in transit: This covers loss or damage to your stock and goods while in transit, such as during delivery or while being transported to a trade fair.
Money cover: This covers loss of money as a result of theft or attempted theft.
Glass cover: This covers the cost of repairing or replacing glass in your office windows or display cases.
Professional Indemnity: This covers claims made by customers who have suffered injury or damage as a result of negligence or errors in your services. Computer cover: This covers the loss or damage to items important to your office such as computers and laptops.
Cyber Liability: This covers the cost of data breaches, cyber-attacks and hacking.
It’s worth noting that the cover options and limits vary depending on the policy and the provider, so it’s important to read the policy terms and conditions carefully and understand what is and what is not covered.
That is why you should work with an experienced insurance broker like us, as we can help you understand the specific risks your office faces and tailor a policy to meet those needs.
DO I NEED OFFICE INSURANCE?
Yes, it is highly recommended for office owners or managers to have insurance in place to protect their business from unexpected events. Office insurance is a specialised type of insurance that provides cover for a wide range of risks that are specific to the office environment.
These risks can include everything from damage to your property and contents, to liability claims from employees or visitors who may suffer an injury on your premises.
Having the right office insurance in place can provide financial protection for your business, covering the cost of repairs, replacement of stolen goods, and legal fees in case of a claim. It is always better to be prepared and have the necessary cover in place to protect your business from any unforeseen circumstances.