Office & Surgery Insurance
Simply Business Office Insurance is a package of essential covers aimed at small to medium sized businesses with an office premises.
Key features
There are three main elements of small office insurance:
- Buildings insurance - gives cover for the physical building if it is owned by the business.
- Contents - covers the office contents such as furniture and office equipment.
- Tenants' improvements - if you are a tenant you may wish to insure the improvements that you have made to the office.
Who is it for?
- Any small business
- Sole trader
- Partnership
- Limited company
Benefits
- Cover required under law - if you have employees you will probably need Employer's Liability cover, this is included in the policy.
- Public Liability cover - Will provide cover for anybody not employed by you in any capacity suffering bodily injury, illness or disease
- Immediate Documentation - you can receive your insurance documents seconds after buying insurance through our system
- Additional insurance - Stock, Computer Breakdown, Employee Dishonesty, Book Debts, Personal Accident, Business Travel, Revenue Protection, Terrorism cover can also be added to your policies
- Peace of mind - your business is covered, leaving you to get on with running it!
Things to watch out for
- Limit of Indemnity - Some insurers will quote you a public liability cover from £2m to £5m. You may only need £1m of cover. However if you do need £5m of public liability cover, make sure you get the correct quote
- Optional covers - Optional covers like portable equipment may be included as standard by some insurers, others charge an additional amount. When comparing quotes make sure you compare the same types of cover.
- Excess - Excesses vary between insurers so it is important that you check the excesses being offered as may influence your decision.
- Exclusions - Read your policy documents and any exclusions that may apply. Specific activities are excluded by the insurer for a reason.
What are the next steps?
- Know your office - Ensure inform the insurer about all aspects of the property.
- Security Arrangement - It will help the application process if you have your security details to hand.
- Start date - Evaluate your desired start date, you may wish to have the insurance start when you move office or when your existing policy expires.
- Compare insurers - Check the type of cover you want by comparing a number of insurers to see if the office policy being offered the right price, with the right degree of cover
Compare Quotes
Compare, Decide, Buy
Frequently asked questions
What buildings sum should I input?
The 'buildings sum' insured is the rebuild cost of the premises; this is often not the same as the retail value of the property.
I don't recognise the Insurer name
You may not immediately recognise some of the insurers, this is because they specialise in dealing through brokers and don't sell direct to the public. All the insurers we work with are regulated and authorised by the Financial Services Authority, the UK's regulatory body.
Do I need Employer's Liability?
If you have employees, the answer is usually yes. If you are a single person company, then it is unlikely, worth checking.
Is loss of money covered?
Yes, there is cover for money in safes, in transit etc. Input a specific limit in the application form and check the different insurers' policies to ensure you are clear what is covered.