Accident
& Illness
Temporary payment for loss of income as a result of an accident or illness keeping
you off work. Most policies exclude at least the first 4 weeks of disability and
can be extended to include lump sum payments for death, total disablement or loss
of eyes or limbs. Especially useful for the Self-employed.
Commercial Combined
General term for composite policy covering a selection of risks relevant to most
forms of trade and industry. Select appropriate sections which include damage
to buildings/stock/machinery, liabilities, loss of profits, cash, computers, goods
in transit, legal expenses, glass, machinery Inspection and breakdown (see "Engineering").
Computer Systems
Loss, damage or
breakdown of computers and some related equipment, Including wiring. Extensions
include reinstatement of data, consulting Engineer's fees, increased cost of
working, replacement of software and Increased rental charges.
Critical Illness
A recent development
in life assurance to recognise the affect a potentially life threatening illness
can have on your future. The difference here is that the policy pays out the
benefit BEFORE death, so that if your life is going to change, you have some
cash to make it more comfortable.
Employers' Liability
This is a statutory requirement and includes a wide selection of direct and
indirect employees, whether paid or not. Providing an indemnity for legal liability
in respect of bodily injury, death, disease, or illness sustained by your employees
and arising out of their normal course of employment.
Life Assurance
If you die what
do you leave behind? A family, a mortgage, a bank loan, an inheritance tax problem
- so many reasons to buy adequate life assurance.
Cut out all the
jargon and you are left with three basic types:
1. Term Assurance:
Basic death cover for the length of time you want it. If you die it pays out
and if you don't there is nothing to come back. The cheapest form of cover and
you get exactly what you pay for.
2. Whole Life:
Cover until you die. Can grow in value with the addition of "profits" or if
"unit linked".
3. Endowment: Like
term assurance except that if you are still alive at the end of the chosen term
there will be a cash or maturity value. With-profits or unit linked endowments
are used in conjunction with mortgages or as a means of long-term savings.
Legal Expenses
A VITAL part of any insurance portfolio in the current climate of red tape and
litigation. Usually providing an indemnity of £50,000 for legal and other expenses
incurred as a result of employment disputes, VAT disputes, Inland Revenue investigations,
contract disputes, debt recovery, property protection and tenancy disputes.
Also included is FREE 24-hour legal help line.
Office Combined.
Package policies suitable for many occupations such as Accountants, Estate Agents,
Solicitors, and SoftwareDevelopers etc… Covers buildings, contents, computers,
book debts, cash, liabilities. Extensions can include personal accident, fidelity
and Legal Expenses.
Professional Indemnity
Primarily for professional people and specialists who provide expert advice
and service to their customers. Errors and Omissions do occur and in this litigious
environment such a policy is considered to be of paramount importance.
Public Liability
Providing an indemnity in respect of the legal liability arising in connection
with your business to pay damages as a result of death disease or bodily injury
or loss or damage to property of members of the Public (excluding employees).
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