commercial insurance_Policy Summary – Commercial Combined Insurance

					     Policy Summary – Commercial Combined Insurance

This document provides a summary of the significant features, limitations and benefits of the cover available within this Commercial Combined
insurance policy. This summary does not contain the full details of the terms, conditions, exclusions and warranties applicable therefore please
refer to the policy wording for the full details. The policy wording is available on request.

About this insurance
This is a package policy aimed at various types of businesses including Manufacturers, Processors, Wholesalers, Distributors, Warehouses,
Leisure risks and Engineering risks. The policy is also aimed at businesses trading from commercial and residential premises including single
premises and portfolios. The standard duration of this non-investment insurance contract is 12 months unless otherwise agreed by us.

This commercial combined policy includes contents, stock, loss of income, public liability and legal expenses as standard with a wide range of
optional extensions available to enable you to tailor cover according to your needs.

Optional extensions include buildings cover, loss of liquor licence, subsidence cover, theft by employees, specified all risks, computer
breakdown, terrorism cover, employers liability and personal accident. Liability cover can also be extended for work away from the premises.

About the Insurers
This policy is underwritten by Anglo Pacific Consultants (London) Ltd for and on behalf of certain underwriters at Lloyd’s and DAS Legal
Expenses Insurance Company Limited. Lloyd’s and DAS are authorised and Regulated by the Financial Services Authority.

Insured perils for buildings and contents                                   • Damage to external blinds and signs               £1,000
‘All risks’ cover is provided for your buildings (if applicable) and        • Loss or damage to goods in transit                £3,000
your contents and stock for the sums insured selected by you:-
                                                                            • Theft of keys including replacement of locks      £1,000
•   Fire, lightning or earthquake
                                                                            • Loss of money:-
•   Explosion
•   Storm or flood                                                             - in transit or night safe                       £3,000
•   Escape of water                                                            - during business hours                          £3,000
•   Riot and civil commotion
•   Malicious damage                                                           - outside business hours in a locked safe        £3,000
•   Impact                                                                     - from the residence of a principal/employee     £500
•   Leakage of oil from fixed heating systems
                                                                               - from gaming or vending machines                £500
•   Theft by forcible and violent entry/exit
•   Accidental damage                                                          - outside business hours not in a locked safe £500
                                                                               - crossed cheques and non negotiable money £250,000
Significant features and benefits
                                                                            • Personal accident and assault following a
Standard benefits                                                             robbery or hold up:-
Cover automatically includes the following extensions and most of              - Benefit for death, loss of any limbs or eyes   £10,000
the limits shown can be increased on request The minimum cover
                                                                               - Benefit per week up to 2 years                 £100
can automatically increase depending on the size of your
business:-                                                                     - Damage to cash carrying devices or
                                                                                 personal effects                               £500
Standard benefit                                  Minimum cover
                                                                            • Loss of freezer contents                          £1,000
• Damage to fixed glass, premises fronts and
  sanitary fittings (Inner limits apply)          £3,000                    • Damage to property insured at exhibitions         £10,000



Commercial Combined Policy Summary 1109                                1
• Loss of metered water                             £5,000              Optional extensions
• Damage to landscaped gardens                      £2,500              The following optional extensions of cover are available at an
• Damage to property insured where you are                              additional cost:-
  providing outside catering                        £2,000              • Buildings cover including:-
• Rent/lease payments as tenant if the business                           - damage to cables and underground pipes
  is untenantable from damage by                                          - trace and access cover up to £25,000 any one loss
  a peril insured (excluding accidental damage) 20% of contents           - loss of rent receivable up to 20% of the building sum insured.
• Business interruption cover following a claim £100,000                    Can be extended up to 30% of the building sum insured.
  This cover helps to keep you in business                              • Subsidence cover to your buildings and contents
  following a claim. Automatic extensions of
  cover under business interruption include:-                             Cover for subsidence or ground heave of the site on which the
                                                                          premises stands or landslip.
  - professional accounts charges
  - notifiable disease                                                  • Theft by employees
  - vermin pests and defective sanitation                                 Cover against fraud or dishonesty by employees involving theft
  - murder or suicide                                                     of money or contents. There are various limits of indemnity to
  - denial of access                                                      choose from.
  - damage to suppliers premises                £100,000
  - damage to customers premises                £100,000                • Specified all risks
  - failure of public supply.
                                                                          Cover for items which you specify individually under the policy.
• Loss of accounts receivable                       £10,000               This extension will cover specified items away from the
                                                                          premises anywhere in the U.K and for up to 30 consecutive
  Cover for money that is owed by customers                               days elsewhere in the world.
  which cannot be collected because records
  have been lost or damaged by a peril insured.                         • Computer breakdown
• Public and Products liability                     £2,000,000            Cover for loss or damage caused by computer breakdown or
                                                                          failure up to a value specified by you. Cover extends to include:-
  Cover against sums you become legally liable
  to pay as damages together with your legal                              - Additional expenditure up to                      £10,000
  costs and expenses relating to an injury to any                         - Incompatibility of computer records up to         £5,000
  person or accidental loss or damage to their                            - Additional rental up to                           £5,000
  material property happening in the course of
                                                                        • Terrorism Cover
  the business.
                                                                          Cover for terrorism under the buildings, contents and loss of
  Automatic extensions of cover under public and
                                                                          income sections of the policy.
  products liability include:-
                                                                        • Loss of liquor licence                              £100,000
  - cross liabilities
  - tenants liability                                                     Cover against the depreciation in the value of
  - defective premises act                                                your premises and subsequent loss of profit
  - contingent motor liability                                            following loss of licence due to causes
  - overseas personal liability.                                          beyond your control.
• Legal expenses including:–                                            • Employers liability                                 £10,000,000
  - Cover up to £100,000 per insured incident (inner limit of             Cover for damages, legal costs and expenses
     £2,000 for aspect enquiries and tax intervention enquiries).         for which you are liable as a result of injury to
  - Cover for contract disputes.                                          your employees including unsatisfied court
  - Cover for health and safety prosecutions.                             judgements.
  - Cover for data protection.
                                                                        • Personal accident
  - Cover for employment disputes and compensation awards.
  - Cover for criminal prosecution.                                       This cover provides compensation in certain circumstances to
  - Cover for bodily injury.                                              directors principals and partners up to 70 years of age arising
  - Cover for property protection.                                        from accidents at work. Cover includes:-
  - Cover for tax protection.
                                                                          - Death                                             £10,000
  - Cover for statutory licence protection.
                                                                          - Loss of sight                                     £10,000
  - Cover for tenancy disputes.
  - Free access to on-line businesslaw service.                           - Loss of limb                                      £10,000
                                                                          - Permanent total disability                        £10,000
  - Free legal advice, tax advice and unfunded business
                                                                          - Temporary total disability (104 weeks)            £200 per week
    assistance helplines.
  - Free counselling helpline for employees.
Commercial Combined Policy Summary 1109                             2
Significant features                                                          •   Public and Products liability – excluding:
• Automatic index linking at renewal to buildings, contents,                      - lack of care or skill in the giving of professional or other
  specified all risks and computer breakdown.                                       advice or treatment in connection with the business (other
• Third party interests can be noted provided we are informed.                      than first aid treatment).
                                                                                  - work on offshore installations.
Definition of buildings                                                           - work in or on aircrafts.
                                                                                  - work in or on airports or aerodromes, runways,
• Wide definition including landlords fixtures and fittings therein                 manoeuvring areas or aprons, or those parts of airports or
  and thereon, walls, gates and fences, yards, car parks and                        aerodromes to which aircraft have access.
  pavements, piping, ducting, cables, wires and associated control
  gear and accessories on the premises and extending to the                   Significant general conditions
  public mains but only to the extent of your responsibility.
                                                                              •   Excess – the amount specified in your schedule which must
Definition of contents                                                            be paid towards each and every claim.
                                                                              •   Minimum standards of security apply. Theft and theft of
• Wide definition including:-
                                                                                  money is excluded unless the minimum standards of security
    - computer and electronic office equipment, for which you are                 are complied with (see general clauses and warranties 13 of
      responsible, including laser printers, fax machines and                     the policy wording).
      photocopiers.
    - machinery, plant, fixtures and fittings and all other contents          •   Intruder alarm conditions apply (if we have noted you have an
      for which you are responsible.                                              alarm). Theft and theft of money is excluded unless the
    - stock and materials in trade and goods in trust for which you               intruder alarm clause is complied with (see general clauses
      are responsible.                                                            and warranties 14 of the policy wording).
    pertaining to the business and contained in the premises                  •   Goods in transit – if the vehicle is left unattended between
                                                                                  9pm and 6am then the vehicle must be securely locked and
Significant general exclusions                                                    garaged in enclosed premises (see section 2 extra benefit 3
                                                                                  of the policy wording).
•     Terrorism cover is excluded (unless the terrorism extension is
      selected).                                                              •   Reasonable care – you must take all reasonable steps to
                                                                                  prevent/minimise loss, damage, injury or accident and to
•     Data recognition exclusion – the inability of systems to                    minimise the cost of claims or legal proceedings and keep all
      recognise any date as its true calendar date (see general                   property insured in efficient condition and good repair. You
      exclusion 5 of the policy wording). This exclusion is not                   must also take reasonable care when selecting employees
      applicable to employers liability and personal accident.                    (see general condition 9 of the policy wording).
•     E-risks exclusion – excludes loss, destruction of or damage to          •   Duty of disclosure - The statements made and the information
      any computer equipment or financial loss due to programming                 you provide which form the basis of this contract must be
      or operator error, virus or hacking (see general exclusion 7).              complete and correct to the best of your knowledge and
      This exclusion is not applicable to public and products liability           belief. You must tell us immediately of any alteration in risk,
      and employers liability.                                                    which materially affects this insurance. (see general condition
•     Computer breakdown – excluding cover for any property                       11 of the policy wording).
      insured caused by its own breakdown unless an approved                  •   Stock in any cellar or basement must be placed on racks at
      maintenance contract is in force. (see section 8 of the policy              least 150 mm above floor level (see Section 2 insured peril 4
      wording).                                                                   of the policy wording).
•     Products liability – excluding injury or loss of or damage to           •   Declaration of wage roll and turnover - You must review the
      property (unless otherwise agreed) caused by or in                          wage roll and/or turnover figures declared to us at each
      connection with products which:                                             renewal of the policy and notify us of any changes (see
      - to your knowledge are for use in or on any aircraft and                   general conditions 15 of the policy wording).
        which are critical to the safety or airworthiness of the
                                                                              •   Fire precautions clause – This details measures to be taken
        aircraft.
                                                                                  by you, your employees or sub-contractors whenever carrying
      - to your knowledge are directly or indirectly exported to the
                                                                                  out work which involved the application of heat, welding,
        United States of America or Canada.
                                                                                  angle grinders or using tar bitumen or asphalt boilers (see
                                                                                  general clauses and warranties 22 of the policy wording).




Commercial Combined Policy Summary 1109                                   3
•   Empty buildings – You must tell us immediately if any building
    becomes unoccupied or any unoccupied buildings become
    occupied and follow security and inspection conditions (see
    general clauses and warranties 4 and 5 of the policy
    wording).
•   Waste warranty – You must ensure all trade waste is swept
    up and bagged every night and removed from the premises at
    least once a week (see general clauses and warranties 23 of
    the policy wording).
•   Bona-fide subcontractors warranty – This details measures to
    be taken by you if you use bona-fide subcontractors (see             Significant legal expenses exclusions
    general clauses and warranties 26 of the policy wording).
                                                                         •   Any claim reported more than 180 days after an insured
                                                                             person should have known about the claim.
Significant legal expenses exclusions                                    •   Any costs incurred before the insurer agrees to pay them.
•   Any claim reported more than 180 days after an insured               •   Fines, penalties, compensation or damages which an insured
    person should have known about the claim.                                person is ordered to pay, other than compensation awards as
•   Any costs incurred before the insurer agrees to pay them.                covered under insured incidents data protection and
•   Fines, penalties, compensation or damages which an insured               employment compensation awards.
    person is ordered to pay, other than compensation awards as          •   Civil claims which do not have reasonable prospects of
    covered under insured incidents data protection and                      success.
    employment compensation awards.                                      •   The first £200 of costs in respect of aspect enquiries and tax
•   Civil claims which do not have reasonable prospects of                   intervention enquiries.
    success.                                                             •   Contract disputes where the amount in dispute is less than
•   The first £200 of costs in respect of aspect enquiries and tax           £250 or more than £5,000.
    intervention enquiries.
•   Contract disputes where the amount in dispute is less than           Significant legal expenses conditions
    £250 or more than £5,000.
                                                                         •   The insurer will choose a representative to help the insured
                                                                             person in cases where the insurer is liable to pay a
Significant legal expenses condition                                         compensation award. In any other case, the insured person is
•   The insurer will choose a representative to help the insured             free to choose a representative if the insurer agrees to start
    person in cases where the insurer is liable to pay a                     legal proceedings and it becomes necessary for a lawyer to
    compensation award. In any other case, the insured person is             represent the interests of the insured person in those
    free to choose a representative if the insurer agrees to start           proceedings; or there is a conflict of interest.
    legal proceedings and it becomes necessary for a lawyer to
    represent the interests of the insured person in those
    proceedings; or there is a conflict of interest.




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