Contractors Combined Insurance

Commercial combined insurance is typically a package of insurance covers that will include protection for risks such as: buildings, contents, stock, plant & machinery, together with your Public liability, Products Liability and Employers Liability.   Commercial Combined Insurance policies are normally arranged for businesses that trade from a business premises.  Contractors Combined Insurances, whilst the covers can be almost identical, are for contracting business whereby the majority of their turnover and income is generated from work away from their premises at third party sites.

Construction and Contractor insurance policies cover a property during the time construction is taking place whether it’s being renovated or repaired. These policies are usually taken out by the property owner or contractor. The main risks you could face are Property damage, Income loss, Employee injuries and Liability risks.

Construction and contractor’s insurance policies usually include:

• Public Liability
• Product Liability
• Professional Indemnity
• Business Interruption
• Contractors All Risks

Having the right risk management procedures in place is vitally important for construction firms. Correct, up to date document templates and guides can help you minimise risk and remain compliant with regulations. Failure to do so could result in huge potential liabilities as well as the threat of criminal prosecution.

As part of our goal to prevent claims we offer our construction and contractors clients personalised Health and Safety documents, Risk Assessments, Method Statements and much more. These additional documents are supplied to your business at no extra cost when you take out a policy with Plan. Read more about our construction site and contractors risk management services here.

Our new package now includes business continuity templates that are updated annually which you can use as guidance and to track your business operations. With this, you will also receive regular notifications regarding legislation changes that are relevant to your business. Read more about our extensive free Construction Site Risk Management Templates as well as the additional, very cost effective solutions offered by our Plan Essentials support package.

Being a contractor can carry a significant financial risk and contracting carries certain obligations and legal responsibilities.  Clients can claim against you for mistakes you make that cost them financially. Whilst this is rare, claims against contractors are made and can be very expensive.

Insurance is a very important element of your business that every contractor needs to fully understand.  Working as a construction contractor comes with risks, obligations and legal responsibilities. Taking out Contractors Combined Insurances via Plan Insurance Brokers will provide confidence that your cover has been arranged by experts.

We will provide specialist cover that protects you and your business, as well as your clients and employees. Not only do we source competitive premiums for bespoke cover from high quality insurers, we also supply a range of other benefits.

Our Feefo customer service rating is Platinum. So you can have confidence in your ability to quickly reach us in order to receive an answer when you need to.

Our library of risk managements tools are supplied free of charge. Additionally, we can support your business in a time of need with a range of potentially vital claims services.

Plan also offer insurances for:

Motor Fleet
Contractors All Risk
Goods in Transit
Professional Indemnity
Tools
Plant
Excess Layer Liability
Property Insurances
Directors & Officers
Cyber Liability
Specialist Schemes and Tailored Packages

You would need to request contract works cover (also known as contractors all risk) as it will not be included on your contractors combined insurance as standard.  Speak to one of construction insurance specialists and we will be more than happy to discuss your requirements and options.

Our informed advice and independent claims guidance, based on over 30 years of industry experience, all comes as part of the service. Our motor claims help line will also proactively report incidents to your insurer on your company’s behalf and arrange courtesy vehicles whenever possible.

That should all go without saying. Though, we do also offer the following innovative claims solutions:

Loss Adjuster Assistance Insurance – Should you need to make a claim on your commercial insurance with a value in excess of £5,000 having unlimited advice from a professional loss adjuster could prove a fantastically helpful resource to draw upon. We offer an insurance policy that will provide a  personal loss adjuster who can prepare and present your claim to your insurers. They’ll also be able to negotiate with them, organise interim payments from your insurers where necessary, attend insurer meetings and handle all correspondence. Read more about the incredibly useful support that a Loss Adjuster Assistance Insurance policy can offer for comparatively low premium.

HSE Assistance Inspection Assistance – An unannounced inspection or an investigation by HSE following an accident could have a serious impact on your business. We offer an insurance service that provides businesses regulated by the HSE with reassurance of knowing that should they need it, they’ll have 24/7, 365 days a year access to assistance to minimise any downtime and distraction. Your business will have cover to help meet the costs of a Health and Safety Executive intervention. Your team will also receive guidance from a Health and Safety expert to help you handle the Health and Safety Executive inspection process, review relevant documentation and to draft a response. If the HSE wish to conduct an interview under caution’ cover for legal fees to represent you are an added benefit. Read more about this low cost HSE Assistance Inspection Assistance solution that could prove highly valuable.