Business Insurance trap – Rented premises
Rented premises If your business uses rented premises there are some insurance traps you should be aware of. Glass: Most commercial leases will require the tenant to insure any glass windows. The reason for this is different business activities pose different degrees of risk of glass to being smashed. For instance, a tobacconist or a […]
Business Insurance trap – Reinstatement
Reinstatement The majority of home and contents policies have automatic reinstatement of the insured amount. This means that if your home is damaged or your contents burgled, after the claim has been paid, the original amount of insurance cover is reinstated back on your policy. That is not necessarily the case with business insurance. As […]