The Mk1 Product
Material Damage
'All risks' cover on all contents, i.e. Machinery and Plant, Stock, Work in Progress, Landlords Fixtures and Fittings (where you are responsible), Inspection Equipment, Cutting Tools, Discs, Tips etc. Basic sum insured equal to turnover.
Business Interruption
Following a claim under Material Damage Section, again cover is 'all risks'. Basic sum insured equal to 120% of turnover per annum - 24 month indemnity period.
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The above figures are basic policy limits and can be increased.
Other Risks not included which can be added if required:
- Buildings
- Inspection of Lifting and Pressure Plant etc
- Subsidence
- Full Terrorism
- Legal Expenses
- Directors and Officers Liability