Insurance overview
Trade and professional businesses face various risks - from accidental injury to customers, employees and workers or the public, or for damage to their property, tools and the environment. Trades and Professionals Insurance can help to protect you from these risks.
Our policy provides cover for a variety of trade and professional businesses - from builders, plumbers, carpenters and electricians to management consultants. It's also flexible so you can choose optional covers to meet your needs now and in the future.
What's included as standard:
- Public Liability – damages arising from injury to the public or damage to their property because of your business’ activities. Our normal cover is £2.5 million but you can choose higher limits.
- Product Liability - damages arising from injury to the public or damage to their property, caused by your products. Our normal cover is £2.5 million but you can choose higher limits.
- Environmental Liability - damages arising from injury to the public or damage to their property caused by pollution, up to £1 million, including the cost of cleaning your own premises if required by a regulatory authority.
Additional covers you can choose:
- Employers’ Liability – damages arising from injury and illness to employees, for which you are legally liable, including while working abroad for up to 60 consecutive days, up to £10 million as standard.
- Goods in Transit - protection of your goods while they’re in transit in your vehicles or with a third party carrier.
- Group Personal Accident - protecting yourself and employees aged 16 to 65 against the financial impact of death or disability following an accident or illness.
- Contents and Stock - cover against damage caused by common risks such as fire, flood, storm or escape of water. Includes customer's goods if you're responsible for them and contents and stock whilst at any exhibition or trade show, up to £50,000.
- Buildings - cover against damage caused by common risks such as fire, flood, storm or escape of water. Includes accidental breakage of fixed glass and sanitary ware.
- Contractors' All Risks - damage to contract works and materials while you’re at or travelling to or from the contract site, including machinery you own or hire.
- Commercial Legal Expenses (administered by ARAG UK) - the cost of legal representation to defend your legal rights, and any agreed compensation awards, up to £250,000.
- Business Interruption - loss of income due to damage to property used by you at the premises. Normal cover up to £1.5 million but you can choose higher limits.
- Money and Malicious Attack - your money is protected against loss or theft at your premises and whilst you take it to the bank (up to £5,000 per item loss), including unauthorised use of any credit, cheque, bank or cash card, up to £10,000.
- Engineering Insurance - accidental damage or breakdown of machinery and plant.
- Engineering Inspection Services provided by Vulcan Inspection Services - plant and equipment inspections and certification to prevent injury or business interruption, and to meet your regulatory obligations.
- Terrorism - protection against property damage and loss of income caused by acts of terrorism in England, Scotland and Wales.
- Business Travel - cover for you and your employees who travel abroad on business including access to a dedicated 24/7 helpline.
This is not an exhaustive list, more information can be found in the important documents section.
The cover you choose will depend on your circumstances and your local NFU Mutual agency can explain the details including any limits and exclusions that may apply, so you can decide if it's right for you.
The cover you choose will depend on your circumstances and your local NFU Mutual agency can explain the details including any limits and exclusions that may apply, so you can decide if it's right for you.
Business Protection
We believe that taking care of the long-term financial security of your business is an essential and not a ‘nice to have’. It's why we’ve teamed up with Aviva Life & Pensions UK Limited to bring you a wide range of protection covers to help you take care of the future of your business.