When you have multiple offices or locations around Australia, or around the world, it can be a challenge to get your insurance policies to work together. The result can be a great deal of wasted time and money.
Industrial Special Risk Insurance is designed for large business with multiple locations – allowing you to combine several individual policies into one.
What does it cover you for?
Industrial Special Risk protects your business against loss or damage due to a range of events (such as fire and other damage) at any of your locations.
Your policy may include:
- Business Interruption – which covers the loss of income, and the increased costs of working, caused by an interruption to your business as a result of damage.
- Material Damage – which covers removal of debris, professional fees and mitigation expenses.
- Corporate Liability – which reduces your exposure to manufacturing risks.
Because of the highly specialised nature of Industrial Special Risk Insurance, you should talk to a GMS General Insurance Services Adviser about your options.