Michael Kennedy Insurance Group will identify the most appropriate Insurance Programme to protect as far as possible your exposure. Businesses vary in size and complexity from offices to chemical plant and some of the likely areas will include:-
A Property Damage policy will cover all your assets under a Property Damage All Risks policy which will include:
- Cover on Buildings, Fixtures and Fittings, Plant, Stock, Frozen Food, Glass, Signs.
- The policy can be arranged to cover a full range of Special Perils to include Fire, Lightning, Aircraft, Explosion, Storm, Flood, Burst Pipes, Riot, Civil Commotion, Malicious Damage, Burglary, Theft and Accidental Damage
- Terrorism is generally covered by a separate Stand Alone policy.
A Business Interruption policy is generally linked to property damage cover and provides Indemnity for future Loss of Gross Profits due to Business Interruption following a Fire or another insured peril.
A number of future years anticipated Profits can be insured to allow the business continue, retain valuable employees and recover lost business during the interruption period.
In addition to Gross Profit, Increased Cost of working, Loss of Rent, Loss of Fees and other forms of cover can be insured against.
Michael Kennedy Insurance Group will assess projected trading activities, your dependence on key suppliers and customers and other certain risk factors, then tailor the most appropriate cost effective method of protecting your balance sheet.
You may be responsible for damage to Glass and Sanitary Fixtures and Fittings in leased premises. Special Glass such as Stained Glass Windows will require extra coverage.
This policy covers you for glass breakage inside and outside your premises including Neon and other signage
Money and Personal Injury
This policy covers against Loss or Theft of Money to agreed limits:
- From the business premises during business hours
- Out of working hours
- From a Safe or Strongroom
- In Transit to or from the business premises
- In a Bank Night Safe
- At the residences of Directors / Employees
Benefits may be payable for Personal Injury sustained as a result of attempted robbery:
- Death, Loss of Limb(s) or Eye(s) or Permanent Total Disablement
- Temporary Total Disablement from usual occupation for maximum of 104 weeks
- Medical Expenses
- Damage to Clothing and Personal Effects
Loss of License
This policy covers Hotels, Public Houses or Clubs in respect of a reduction in the value of a Licensed Premises if due to certain circumstances the license is not renewed by the awarding Authority.
Employers Liability Insurance
This policy covers a business’s Legal Liability for Accidental Bodily Injury to employees or Disease contracted by them arising out of and during the course of their employment in the business.
Public Liability Insurance
This policy covers a Company’s Legal Liability resulting from accidental Bodily Injury to any Third Party or loss of or damage to Third Party property arising in connection with the carrying on of a business.
Products Liability Insurance
This policy covers a Company’s Legal Liability for accidental Bodily Injury to any Third Party or loss of or damage to Third Party Property caused by a defect in any goods sold, supplied, repaired, altered, treated or serviced by the Company.
Employment Practices Liability Insurance
This policy offers Indemnity in the event of an Employee suing in respect of alleged Employment Practice Violation. This cover can include claims brought by Employees in respect of Wrongful Termination of Employment, Sexual Harassment or Discrimination. Cover can be extended to include claims made by other parties such as Clients or Customers.
Product Recall Insurance
Product Recall Insurance reimburses costs incurred to recall and replace a product, including Expert Advice and assistance during the recall process. Policyholders own First Party Costs for Transportation, Disposal costs, additional staff costs etc are insured along with Third Party Claims Costs.
This policy will cover Bad Debts and Protracted Default on the part of Buyers of your product or service.