Insurance for the Businessman -Aircraft

Aircraft

The basic policy already provides cover for fire damage. An aircraft extension provides for loss or other forms of damage by aircraft as well as articles dropped from them. Aircraft here means not only aeroplanes ; all airborne objects, such as fireworks or meteorites, are usually included. This form of insurance is useful for businesses situated near airports, where there is a higher risk of such accidents occurring.

Impact: Impact insurance protects your premises from damage by cars, lorries or buses running off the road and, if you live in a market town or agricultural area, you are also covered for damage caused by horses or cattle. However, you cannot usually claim if you, your family or an employee are responsible for an accident.

Malicious damage: Although you usually have to pay the first £6o of each loss, this extension is well worth while. As its title implies, you are covered for any damage caused maliciously, as well as by riots or civil commotion, but not for damage caused by war.

Theft

Theft insurance is essential for business. Conventional commercial policies cover losses where a thief has entered or left your premises using force, and for damage regardless of whether or not the thief actually steals anything. Most policies insure your trade stock, goods deposited with you, furniture, fixtures, fittings, plants, appliances and other contents, but they do not normally cover property left in the open or in outbuildings, losses involving ariy member of your household or business staff, radioactive contamination, war, etc. There are special policies for loss of money (described in the next Section ) and for office machines (which can be covered by the `all' risks' policy described in Section 30).

Premiums vary according to the individual circumstances of the risk. Before making a quotation, your insurer will visit your premises and advise you at his expense how to improve the protection of your premises against theft. You pay less if you have adequate, padlocks, mortice locks and window-fastenings, or if you have a recognized alarm system. Your insurer may even impose conditions before giving you insurance, especially if you have valuable stock or machinery which could be stolen easily.


Aircraft

Payroll Giving
It’s all very easy to organise.
Just ask the Personnel or the Payroll Department at your company and, if they already have a scheme, they will give you the relevant forms.  HM Revenue & Customs’ website has a list of Payroll Giving agencies and explains payroll giving in more detail.

Salon Gold Insurance

Cheaper Insurance for Salons, Freelance Hair and Beauty, and Mobile Businesses - click here

read on: Insurance for the Businessman -Loss of money

Aircraft

The basic policy already provides cover for fire damage. An aircraft extension provides for loss or other forms of damage by aircraft as well as articles dropped from them. Aircraft here means not only aeroplanes ; all airborne objects, such as fireworks or meteorites, are usually included. This form of insurance is useful for businesses situated near airports, where there is a higher risk of such accidents occurring.

Impact: Impact insurance protects your premises from damage by cars, lorries or buses running off the road and, if you live in a market town or agricultural... see: Insurance for the Businessman -Loss of money