Manufacturing Insurance Brokers
What does a manufacturing combined policy insurance product cover?
Depending on your specific needs, these are the main elements you typically find in a Manufacturing Combined policy;
Machinery, Plant, Electronic Business Machines. Patterns, models, moulds, plans and designs.
Provides cover for structures at the premises, landlords fixtures and fittings, internal and external fixed glass and sanitary ware and signs, central heating systems.
Provides cover for hand tools at the business premises and can be extended to cover the tools away from your business premises.
Provides cover for any structural fixtures and fittings and decorations you have installed as a tenant at the premises. This is not insured under the landlords Buildings policy.
Provides cover for stock and materials in trade, work in progress and finished. If you have non-ferrous metals it is important to provide a separate sum insured.
Provides cover for loss of income due to an insured peril occurring at the premises.
Public and Products Liability
Provides your business with cover for costs and expenses that you become liable to pay following injury to any person or damage to third party property.
Provides cover for the costs and expenses and compensation the business becomes legally liable to pay in respect of an injury to an employee.
Commercial Legal Expenses
Provides cover for your legal costs and expenses up to the policy limit in respect of policy limits
Goods in Transit
Provides cover for stock whilst in transit anywhere within the United Kingdom.
Engineering insurance and Engineering Inspection
Provides cover for Machinery for sudden and unforeseen damage, breakdown, explosion or accidental damage and inspection of machinery to comply with statutory regulations.
Denial of Access
Provides cover for loss of income due to a property in close proximity to the premises suffering a loss which prevents access to your premises. An example of this would be a fire at a neighbouring premises and you being unable to gain access to your premises due to the Emergency services closing the road.
Additional Covers that can be added to your Manufacturing insurance
Business Interruption – Suppliers Extension Insurance
Loss of income due to an insured peril occurring at a suppliers premises resulting in a loss of income to your business. An example of this would be where you are using a specific supplier who supply a unique product to you and they suffer a fire at there premises and are unable to fulfil your order.
Business Interruption – Unspecified/Specified Customers Insurance
Loss of income due to an insured peril occurring at a customers premises that results in a loss of income to your business. An example of this would be where you have ordered parts/materials to manufacture a product for a customer. A fire has occurred at your customers premises and they are unable to complete the order resulting in a loss of income to your business.
Book Debts Insurance
Provides the costs of using a specialist in tracing and establishing customers outstanding balances following a loss. An example of this would be a fire that resulted in the accounts being destroyed at your premises.
Professional Indemnity Insurance
Professional Indemnity insurance provides your business with protection against claims against you for professional negligence. An example of this would be where your customer requested a design from you. The design was followed but due to a design defect the customer suffered a loss.
Management Liability Insurance
Provides your business and individual directors, officers and managers for defence costs. The sections available under this product are:
- Directors and Officers Liability – This provides defence costs for all directors, officers and managers of the business.
- Employment Practices Liability – Provides protection for your business following allegations of bullying, sexual harassment or wrongful dismissal by an employee or former employee.
- Corporate Liability – Provides defence costs for your businesses in the event you have to defend your business following an allegation. An example of this could be a breach of data protection.
Fork Lift Trucks Insurance
If you own, manage, lease or use a forklift truck in connection with your business you might think that your Manufacturing combined policy covers you for your fork lift truck. If your Fork Lift is being used on public roads and public places you would need to arrange a motor policy to comply with the Road Traffic Act.
At Glowsure we are able to source various covers for Fork Lift Trucks insurance including Comprehensive, Third Party Fire and Theft and Third Party Only.
Product Recall Insurance
Provides cover for expenses following your products being recalled from the market.
Why should you choose Glowsure for Manufacturing Combined Insurance?
At Glowsure Commercial Insurance Brokers, we have a reputation for providing manufacturers commercial combined insurance policies at a reasonable price.
We have access to a range of reputable commercial combined insurance providers to enable us to compare commercial combined insurance products that are able to offer quotations that offer a high level of cover at competitive premiums to enable you to save money but not compromise on policy cover.
We compare commercial combined insurance covers provided by the commercial combined insurance providers, to make sure that you receive the most competitive manufacturing combined insurance quote. At Glowsure we look at your business insurance requirements to ensure that we understand your business and make sure you are adequately insured.
At Glowsure we do not subcontract our claims service to third party companies so we will deal with any losses or claims on your behalf and provide you with a dedicated point of contact throughout the duration of your manufacturing combined insurance policy and also deal with any policy adjustments that might be required.
Contact us today
At Glowsure, we strive to ensure that our manufacturing clients have all their insurance needs met with friendly and superior service. We are proud to have established a business that puts customers front and centre, and if something is not right, we fix it.
Being a close team makes us agile and able to respond quickly to a client’s needs. If you are needing manufacturing combined insurance or, if you just have some questions you would like answered, please feel free to contact us today at 01730 239387 or fill out our contact form.