Commercial and Business Insurance
This commercial
insurance is suitable for businesses located in England,
Scotland and Wales, although it does allow for some work-away activity
in Norther ireland and the EU. It is suitable for businesses that either
work in their property or who rent business premises. Property owners
who merely own the premises but do not work there can obtain quotes, in
most cases through our property owner's
insurance scheme.
There are many business types for
which cover can be provided.
On this scheme we
will quote for unoccupied property, subject to the terms below:
Unacceptable Risks
(contact us for alternatives)
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Refer Risks - cover not available online
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We are unable to quote on this scheme for
the following:
If any of the
proposers:
- Have been declared
Bankrupt more than once
- Are undischarged
Bankrupts
- Has been made
Insolvent more than once
- Have been disqualified under the
Company Directors Disqualification Act 1986
- have More than 3 CCJ's in the last
six years
- Have had more than one creditors
liquidation or the amount is over £500,000
- has been involved in more than one
compulsory liquidation or the amount is over £500,000
- Have unspent convictions for Theft,
Fraud, Arson or Sex offences
- Have failed to comply with an HSE
notice
If any of the properties
- Is situated other than
in Great Britain, Channel Islands and Isle of Man
- Is Built before 1850
- Is a Grade 1 (Grade A
in Scotland) listed building. Or a Grade 2 (Grade B in
Scoitland) over £2,500,000
- Is built with daub,
or non LPCB approved composite Panels
- Is roofed with
Stramit (Strawboard) or Thatch.
- Are unoccupied and
are derelict, awaiting destruction, in an extreme or High
crime or high arson area, been unoccupied for more than two
years, no plans to bring it back to use within six months,
is a pub, nightclub, school, hospital or religious building,
has a rebuilding cost in excess of £2,500,000, is not
secured against illegal entry with securely locked and
fastened doors and windows, sealed letter boxes, and all
security and alarm protections in full operation and in
working order
- Is occupied by asylum seekers,
refugees, or is for the use of the proposer and/ or family
members.
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We may be able to quote on this scheme -
please
complete the form. In many cases you will be able to 'plead your case' if there are
mitigating circumstances or substantial changes have been made to improve the risk.
If any of the
proposers:
- Have been declared
Bankrupt once in the last three years up to £50,000 debt and
is now discharged
- Has been insolvent
once and is now discharged (but not disqualified) over 3
years ago with a debt less than £50,000 - or with a debt
over £50,000 in the last three years
- Has up to thrree
(inclusive) CCJs in the last six years.
- Has had only one
liquidation or insolvency not exceeding £500,000
- Has had a previous
policy cancelled for fraud, non-disclosure or
misrepresentation
- Have any unspent
convictions (Theft, Fraud, Arson and Sex offences are
decline)
- Has been subject to
an HSE fine, investigation or notice
If any of the properties
- Is a grade 3 (grade C in Scotland)
listed building (Grade 3 = better quality than a grade 2)
- Has a roof made from
asbestos, wood, zinc, or any unspecified material (other
than Stramit/ Thatch
If the following
Claims History has been reached or exceeded
- A single claim exceeding £50,000 in
the last five years
- Three of more claims in the last
five years
- Any previous arson claims
- A claims history
above 50% loss ratio in the last five years. As a guide this
means more than 2 1/2 times the premium quoted.
IF THE TOTAL SUM INSURED EXCEEDS
£3,000,000
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