What is a Commercial Combined Insurance Policy?

A Commercial Combined Policy is a package insurance policy which can include a number of different coverage sections under a single insurance product. It can include cover for: Property Damage, Goods in Transit, Money, Personal Accident, Computer Risks, Business Interruption, Engineering Inspection, Employers’ Liability, Public Liability, Products Liability, Directors’ & Officers’ Liability and Legal Expenses.

Do I need a Commercial Combined Policy?

If you own a business which needs a range of insurance covers, then a Commercial Combined policy may be appropriate for your needs.

What does a typical Commercial Combined Policy look like?

One of the main benefits is these policies come with a high degree of customisation, enabling us to add and remove coverages as your business needs. That said, a typical insurance Commercial Combined policy would include the following covers:

• Material damage cover, in respect of any buildings, contents, stock and machinery
• Business interruption coverage to protect against the loss of revenue following a major incident, such as a fire or flood.
• Employers’ Liability cover, which is a legal requirement if you have any employees, be they full time, part time or temporary.
• Public Liability cover, probably the most well known insurance, which covers claims from members of the public for alleged injury or damage.
• Products Liability protection in respect of loss, damage or illness caused by goods you have manufactured or supplied.

Many of our commercial combined customers operate in industries such as wholesale, manufacturing, engineering and warehousing.

How can Daines Kapp help?

In sourcing the most appropriate insurance solution for your business, we often undertake a site visit, ensuring we fully understand how your business operates and the potential exposures you may face. From there, we can recommend an insurance programme which gives your business the level of cover it needs.