Doc Summary
Sometimes.
A Business Insurance policy can often combine several types of business cover under one policy.
What can be combined? #
Depending on the insurer, sections can include:
- Property
- Public and Products Liability
- General Property
- Tools
- Stock
- Theft
- Business Interruption
- Machinery Breakdown
- Glass
- Electronic Equipment
Not every insurer offers every section.
Other insurance products may remain separate, including:
- Commercial Motor Insurance
- Contract Works Insurance
- Professional Indemnity
- Cyber Insurance
- Management Liability
- Plant and Equipment Insurance
The structure depends on the insurer and business.
Is combining cover always better? #
No.
Combining covers can simplify administration, but it does not necessarily produce a discount or better coverage.
Sometimes separate insurers are more appropriate because they have stronger appetite or policy terms for a particular exposure.
Where Webber Insurance arranges the policies, we remain your broker and point of contact even if the insurance program uses several insurers.
Contact our team if you would like help structuring the insurance for your trade business.
