eProduct
Business Package
Our Business Package policy is a Commercial Combined product designed to be traded online. Suitable for UK based businesses including retail, leisure, services, transport, warehousing, manufacturing and wholesaling with flexible optional sections to create a straightforward and tailored solution.
Why choose NIG for Business Package?
Here's why....
- Introductory no claims discount available at new business.
- Over 1000 acceptable trades including pub, restaurant and hotel.
- No claims discount available at new business and renewal.
- Straightforward online question sets, no auto-survey requirement.
- Standard excess of £250 for material damage with £100 or £500 options available. (NB the minimum Excess for Escape of Water is £500).
- Can cover up to 3 premises.
- Wording designed specifically for Manufacturers and Wholesalers with numerous policy extensions.
- Flexible range of Covers.
- Includes Engineering Breakdown cover as standard. Providing up to £250,000 for Computer Equipment, a maximum of £15,000 for Frozen or Chilled Foods and up to £5,000 for other Perishable Goods.
- Free-format Business Description field (subject to referral).
- Option to add Legal Expenses up to £150,000.
- The Stock in Trade sum insured is extended to include a 25% or £500,000 (whichever is the lower) seasonal increase during November, December and 15 days before and after Bank Holidays (other than those Bank Holidays in December).
- Advice lines for health and medical assistance, business emergency assistance and legal advice.
What's covered
Standard covers
Cover | Maximum limits |
Material Damage – Contents & Stock* | £5,000,000 per location |
Engineering – Equipment Breakdown | £5,000,000 per accident |
Engineering – Computer Breakdown | £250,000 |
Engineering – Deterioration of Stock | £15,000 |
Optional covers
Cover | Maximum limits |
Material Damage – Buildings & Tenants Improvements |
£5,000,000 per location |
Electronic Business Machines | £1,000,000 per location |
Business Interruption – Gross Profit |
£5,000,000 / 36 months |
Business Interruption – Book Debts |
£1,000,000 |
Public / Products Liability | £10,000,000 |
Employers’ Liability | £10,000,000 |
Specified All Risks | £1,000,000 upon referral |
Fidelity Guarantee | £250,000 |
Legal Expenses | £150,000 |
Terrorism | Available |
Goods in Transit – Vehicle Load Limit (Minimum limit available is £2,000) |
£50,000 |
Money – In Transit (Minimum limit available is £2,000) |
£12,000 |
PA (Assault) – Death and Permanent Disablement ** | £10,000 |
* Must insure Contents or Stock
** Included automatically when money cover selected
This is a summary of the cover available. Please refer to the Policy Booklet for full terms and conditions.
- Available on:
-
TheHub
-
Acturis
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