What Is Commercial Combined Insurance and Why Do You Need It?

As a bustling business you need flexible and tailored cover that can protect everything you need, which is why commercial combined insurance is for you. But, what is commercial combined?

Why Is Commercial Combined Right For Your Business?

Our specialist commercial combined policy is perfect for a wide range of trades and industries, meaning you can gain the cover you need under the roof of one policy. The beauty of the policy is it can cover the main aspects of your business whilst potentially saving you time and money, two of the most valuable things to a business owner.

It’s a versatile policy which can cover such broad industries such as:

• Manufacturers
• Distributors
• Packaging Factories
• Warehouses
• Processing Plants
• Importers and exporters

And many more, with commercial combined you have a world of possibilities. But how can commercial combined assist with such a wide variety of businesses? By being able to include such a diverse product range, commercial combined can protect your business from the majority of day to day risks that will affect a modern business.

What Can Commercial Combined Cover Protect From?

It’d be a shorter list to cover what commercial combined can’t cover, such is the breadth of the policy. You can rest assured that as a business, if you need to insure against it it’s likely that commercial combined will be the answer for you. Below we’ll look at some of the core products the commercial combined can include to assist your business:

Public liability – if you’re a shop or a factory, chances are public liability will be a useful policy for you. Public liability helps to cover legal costs from claims bought against you by members of the public. So if your business causes a member of the public to become ill or injured then your insurance will be there for you.

Employer’s liability – a legal requirement if you have any employees, whether full-time, part-time or temporary, employers liability is there to protect you from claims against you from your employees. If you’re sued due to an unsafe working condition meaning an employee becomes injured or ill, employees liability has your back.

Product’s liability – if you’re a distributor or manufacturer this policy is essential as it protects from the damage or illness caused by your products. If you’re producing a wide range of products at high-volume, this policy could be the difference between staying in business or closing up shop.

Stock cover – vital to distributors, warehouses and shops, stock cover very much does what it says on the tin. If you’re burgled or your stock is damaged then stock cover will be there to ensure you’re not left out of pocket.
Money – not protected by stock cover, if you’re burgled and the cash from your till is stolen you won’t be covered. Therefore you need money protection to protect your physical cash in the store. On busy days this could be substantial so is well worth considering.

Business interruption – if for some reason you’re forced to close the business, be that a flood in your factory or a fire in your shop, business interruption cover is there when you need it most. This handy piece of protection will ensure you don’t miss out on your income whilst you are forced to close, meaning you can rest easy.

Benefits of Commercial Combined

Of course, you could get these policies separately. So how does commercial combined cover actually help you?

Well, first of all, it can save you a multitude of time throughout the year. With one policy under commercial combined, you only have to worry about one renewal date, not five or six. You’re also benefitted by added flexibility, if you want to amend a certain part of your policy you’ve only got to call one broker, allowing you to focus on running your business.

Secondly, it could potentially save you money. By having multiple covers with one broker, you’re seen as a more valuable customer and can therefore often benefit from a lower overall premium.

What else do I need?

For more information or a quotation for this type of cover, please Contact Us, call 01702 560230 or email us at [email protected]