IPRISM UNDERWRITING COVER DETAILS Cover Details.pdf · Optional cover • Extend Legal Cover for...

IPRISMUNDERWRITINGCOVERDETAILS

www.iprism.co.uk

PROPERTY OWNERSCONSTRUCTION

SPECIALISTBUSINESS

TRADESMAN, CONTRACTORS & PROFESSIONALS •

CONTRACTORS COMBINED

RESIDENTIAL PROPERTY OWNERS • COMMERCIAL

PROPERTY OWNERS • UNOCCUPIED PROPERTIES

COMMERCIAL COMBINED • RETAILERS • RESTAURANTS •

WINE BARS • PUBLIC HOUSES • HOTELS • B&BS • GUEST HOUSES • OFFICE • SURGERY • INTERNET

TRADERS

TEACHERS & TUTORS • PROFESSIONAL INDEMNITY • DIRECTORS & OFFICERS •

TERRORISM • EXCESS OF LOSS

COVER DETAILS | V1.0 | MAY20

CONSTRUCTION

TRADESMAN, CONTRACTORS & PROFESSIONALS

What this cover can offer your clients:

Core Cover• Public and Products Liability up to £10,000,000• Employers’ Liability of £10,000,000• 10m height limit and 2m depth limit as standard• Up to 30m height and 5m depth (subject to trade)• Indemnity to principles, stated as “Additional Persons Insured”• Extension under Contract Works for Speculative Building• Payments to bona fide subcontractors up to 100% of your client’s turnover considered• £100,000 of legal expenses cover provided as standard

Optional cover• Tools and Business Equipment up to £10,000 per employee• Own Plant, Hired-in Plant (including hiring charges) and Contract Works• Temporary Employees• More than two trades via endorsement• Extend standard Treatment Risks

Our Panel

AvivaCovéa

Tokio Marine HCC

CONTRACTORS COMBINEDOur Panel

Tokio Marine HCCWhat this cover can offer your clients:

Core Cover• Employees Liability with a £10,000,000 limit of indemnity with worldwide cover• Public Liability options of £2,000,000, £5,000,000 and £10,000,000 with worldwide cover• Contract Works up to £2,000,000 *• Own Plant up to £250,000 *• Hired in Plant up to £250,000 *• Employee tools• Company tools• Indemnity to Principle• 30m height limit• 5m depth limit• Operating in Northern Ireland• Heat work away up to 50%• Payments to bona fide subcontractors up to 100% of your client’s turnover considered• £100,000 of legal expenses cover provided as standard• Terrorism covered as standard

Optional Cover• Defective Workmanship upon review• Professional Indemnity upon review• Damage to property being worked on upon review• Timber framed works considered


*Limits may be exceeded upon individual case review

PROPERTY OWNERS

RESIDENTIAL PROPERTY OWNERS


Core Cover• Buildings up to £10,000,000• Loss of Ground Rent (20% of rebuild value) included as standard• Property Owners Liability up to £5,000,000• Material Damage by Tenants up to £10,000 included as standard• Commercial Legal Expenses £100,000 including Property Repossession Cover• Loss of Rent• Unoccupied property cover with tiered cover options• Terrorism covered as standard• Property Owners Liability up to £10,000,000

Optional Cover• Extend Legal Cover for Rent Protection• Landlord’s Contents of Residential Units and Communal Areas• Accidental Damage• Subsidence• Employers’ Liability of £10,000,000

Our Panel

AvivaCovéa

Folgate

COMMERCIAL PROPERTY OWNERSOur Panel

AvivaChina TaipingEcclesiastical

Folgate


Core Cover• Buildings up to £10,000,000• Loss of Ground Rent (20% of rebuild value) included as standard• Property Owners Liability up to £5,000,000• Material Damage by Tenants up to £10,000 included as standard• Commercial Legal Expenses £100,000 including Property Repossession Cover• Loss of Rent• Unoccupied property cover with tiered cover options• Terrorism covered as standard

Optional cover• Extend Legal Cover for Rent Protection (for Residential Units only)• Landlords Contents of Residential Units and Communal Areas• Accidental Damage• Subsidence• Employers’ Liability of £10,000,000• Property Owners Liability up to £10,000,000 available on request


BUSINESS

COMMERCIAL COMBINED


Core Cover• Employers’ Liability of £10,000,000• Public Liability £2,000,000, £5,000,000 or £10,000,000• Products Liability of £2,000,000, £5,000,000 or £10,000,000 options• Material Damage• Business Interruption• Goods in Transit• Money and Personal Assault• Specified All Risks cover for UK, EU and worldwide• Deterioration of Stock• Loss of Licence• Glass Breakage• Terrorism covered as standard• Equipment Breakdown provided by HSB Engineering Insurance• £100,000 of legal expenses cover provided as standard• Financial Loss

Optional Cover• Defective Workmanship upon review• Professional Indemnity upon review• Damage to property being worked on upon review

Our Panel

China TaipingTokio Marine HCC

RETAILERSOur Panel

AvivaChina Taiping

Zurich


Core Cover• Public and Products Liability up to £5,000,000• Employers’ Liability of £10,000,000 included as standard• Accidental Damage included as standard• Contents up to £500,000• Stock, including high risk stock, up to £250,000• Seasonal stock increase included as standard• Equipment breakdown cover - £5,000 deterioration of stock included as standard• Business Interruption up to £1,000,000 per annum (higher amount available on request)• £100,000 of legal expenses cover provided as standard• Terrorism covered as standard

Optional Cover• Buildings and Tenants Improvements• Loss of Licence• Business equipment wway from the premises, UK only• Include manual work away liability• Extend standard Treatment Risks


COMMERCIAL

RESTAURANTS, WINE BARS & PUBLIC HOUSES


Core Cover• Public and Products Liability up to £5,000,000• Employers’ Liability of £10,000,000• Contents up to £500,000• Stock, including high risk stock, up to £250,000• Business Interruption up to £1,000,000 per annum (higher amount available on request)• Money, Personal Accident Assault and Goods in Transit up to £10,000 each• Damage to vending gaming and amusement machines• Damage to Property in the Open• £100,000 of legal expenses cover provided as standard• Terrorism covered as standard

Optional Cover• Work Away Liability, including outside catering• Accidental Damage

Our Panel

AvivaChina Taiping

Zurich

HOTELS, B&BS & GUEST HOUSESOur Panel

AvivaWhat this cover can offer your clients:

Core Cover• Contents and Business Interruption• Damage to freezer contents up to £2,500 for any one machine• Business Money and Personal Accident Assault• Glass Breakage• Employers’, Public and Products Liability• £100,000 of legal expenses cover provided as standard• Terrorism covered as standard

Optional Cover• Permanent residents own personal possessions• Cover for catering away from the premises• Accidental Damage cover• Subsidence Cover• Business equipment away from the premises, UK only• Option to add Loss of Licence


COMMERCIAL

OFFICE & SURGERY


Core Cover• Contents • Business Interruption• Money and Personal Accident Assault and Goods in Transit• Accidental Damage covered automatically• Employers’ Liability of £10,000,000• Public and Products Liability limits of £1,000,000, £2,000,000 and £5,000,000 available• Breakdown cover automatically included with comprehensive cover of up to £5,000,000 for any one

accident to covered equipment• £100,000 of legal expenses cover provided as standard• Terrorism covered as standard

Our Panel

AvivaZurich

INTERNET TRADERS


Core Cover• Public and Products Liability cover, with a choice of limits including £1,000,000,

£2,000,000 and £5,000,000• Accidental Damage• Up to £1,000 cover for stock kept at a third-party location• Flexible levels of excess• £100,000 of legal expenses cover provided as standard

Optional Cover• A range of optional covers for Stock, Business Contents and Goods in Transit

Our Panel

Covéa


SPECIALIST

iprism specialises in providing comprehensive PI cover that protects small businesses and professionals from the financial effects of actions against them and business eventualities that just cannot be foreseen.

Our panel: Tokio Marine HCC

iprism’s Directors & Officers product indemnifies clients who are in positions of responsibility against the decisions and acts they undertake while they’re running their organisation.

Our panel: Tokio Marine HCC

iprism can offer your clients a Standalone Terrorism insurance extension in support of an underlying policy to ensure your client is adequately indemnified against exposure to terror attacks.

Our panel: Arch Insurance


EMAIL [email protected]@iprism.co.uk

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IPRISM UNDERWRITING COVER DETAILS Cover Details.pdf · Optional cover • Extend Legal Cover for...

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