Package Insurance
Package Insurance is ideal for small to medium size businesses with multiple areas of risk to consider.
A package policy is a pre-built insurance plan which groups together a number of insurance types for a specific industry. For example, a retail policy may automatically include damage to the shop front and a seasonal increase for stock.
Although many of the covers included in a package policy are standard, insurers will still allow covers to be added or for cover limits to be increased within certain parameters. In terms of pricing a package, insurance policies are usually set at the lowest rate for which an insurer will cover a policyholder. Therefore, removing covers does not necessarily change the premium.
Package policies are available for the following industry sectors: retailers, offices, surgeries, salons, hotels, guesthouses, pubs, restaurants and takeaways, to name a few.
