Sagar Insurances provides protection for damage or theft. You never know when an accident such as a fire, flood or earthquake could strike, so it pays to be prepared.
The purpose of Material Damage insurance is to reinstate the asset that was lost or damaged or stolen, back to its previous state.
Cover may be for Fire and Specified Perils, or “Commercial All Risks”
The vast majority of businesses already arrange this cover, however:
You need to ensure that your sums insured remain adequate; think about changes to your business and how this may affect your sums insured. Failure to adequately insure can result in insurers reducing a claims payment, or even avoiding a claim altogether.
All policies contain some form of policy conditions; these include procedures you are required to follow, for example for waste removal or electrics inspections; make sure you are familiar with these, and talk to your broker if you are unsure.
Increasingly, insurers are imposing terms for the peril of Flood. If this happens to you, we may be able to provide a solution.
For a bespoke insurance quote or for more information on the areas we cover, call us on:
Or send your enquiry, we will get in touch as soon as possible.