What is Commercial Combined Insurance?
Commercial combined insurance is a flexible package policy for both liability and property covers
Commercial combined insurance policies can be tailored to your workplace that can save your business time and money
Why your business needs a commercial combined policy from a leading provider?
As a Willis Towers Watson Network Broker, we work with a wide range of insurers that offer affordable commercial combined insurance policies. We can assist with arranging a number of different commercial insurance covers under one package policy that meets your needs. Below we explain how a policy can protect your business from a range of property damage and liability claims.
What is commercial combined insurance?
Commercial combined insurance is a flexible policy with a variety of different covers that can be tailored to the requirements of a wide range of activities, otherwise known as business combined insurance, or combined commercial insurance.
There are many different workplaces which can benefit from combined liability and property insurance, including but not limited to manufacturers, distributors, warehouses and wholesalers.
The policies are designed to provide a wide range of property and liability insurance covers. While commercial combined insurance is a standard policy, it provides the flexibility to be tailored to your individual needs.
What are the features of a commercial combined insurance policy?
Cost savings can be made by combing your insurance cover under one flexible and tailored commercial combined policy. The cover you need to help protect your company will be unique to your workplace, however it will typically will include, public liability insurance, product liability insurance, employers’ liability insurance, buildings insurance, stock insurance, business equipment insurance, business interruption insurance, personal accident insurance, and legal expenses. One insurer can potentially meet your needs with under a combined insurance policy that offers protection against a wide range of workplace risks.
Flexible policy
All policy covers can be added and removed to meet your needs, such as money insurance, stock in transit, loss of licence, and deterioration of stock.
Tailored quotes
Commercial combined quotes are available to available to help specialist industries which have unique risks and need a tailored policy.
Cost savings
By packaging a number of liability and property covers together under one policy, cost savings can be made across your insurance spend.
Compare commercial combined insurance quotes. Talk with one of our experts about your business needs
Small business quotes can start at £321 per year for basic liability and property coversWhat can a commercial combined insurance policy cover?
Business interruption
Will cover the loss of income from being unable to trade because of an insured event. Covering the consequential loss of the interruption to trade by indemnifying against for the loss of income as a result of the insured peril.
Stock in transit
Will help protect against damage to property (i.e. merchandise, goods and tools) in transit by vehicles owned by or operated by you, or the custody or control of a third-party carrier. The insurance will cover the insured value of such property.
How much does commercial combined insurance cost?
Economies of scale means that insurers can offer more favourable rates when calculating your commercial combined insurance cost. Every business should consider a combination of insurance covers to protect their financial interests and meet their legal obligations.
Does your company need commercial combined insurance? We have a simple and quick process to compare quotes from the leading providers. Undertaking a regular review is prudent to ensure you continue to buy the most cost-effective policy that meet your needs.
By packaging the necessary covers under one policy your company can achieve cost savings. Below we identify a number of policies typically purchased in conjunction, to ensure the company and directors are covered in a variety of different situations.
Which industries typically buy commercial combined insurance?
There are many different industries which should consider commercial combined business insurance because it offers a cost-effective means to purchase several different covers under one specialist tailored policy. We are here to help guide your business through the different types of commercial insurance to meet your unique needs.
Importers or exporters
Insurance for any business that brings goods into the UK from abroad for sale, or that sends goods another country for sale.