Business Insurance
Personal Insurance
Often provided as part of Commercial Property Insurance, Stock and Contents Insurance protects what your business owns inside the building, or buildings, from which your business practice operates. Businesses that don’t own their commercial premises have the option to only insure their stock or contents.
However, if you do own your premises you should consider taking out Buildings Insurance as it covers the cost of repairing or rebuilding the premises due to events such as a fire, flood, storm, burst pipes, fallen trees, riots and (optional) subsidence.
Protecting your business assets with the right type of cover is essential. Particularly as losses caused by damage to fixtures and fittings or the theft of supplies and equipment can be very expensive to replace. Without suitable cover in place, the business interruption (loss of earnings because your practice can’t operate) and the cost to replace the damaged or lost contents could have a serious impact on your livelihood.
The type and level of Stock/Contents Insurance you require will depend on the specific needs of your business. This is where an expert broker can help you work out what needs protecting. It’s also worth considering Stock Throughput Insurance – a single cover for stock that is either on site, in storage or in transit.
Stock/Contents Insurance typically includes: