Insurance
An insurance policy could be crucial to the recovery of your business after an emergency situation. Below is some advice for taking out and claiming insurance.
Tips for taking out insurance
- Try to get advice from an insurance broker who is regulated by the FSA (Finances Services Authority) rather than going directly to an insurance provider.
- Make sure you take out insurance with a company that is a member of the Association of British Insurers.
- Insure your premises against fire, explosion, flooding, storms and malicious damage.
- If you are a tenant, make sure that your landlord has taken out building insurance.
- Do a survey of your business, taking photographs of premises and valuable items – this will be useful if you do need to make a claim.
Claiming insurance
- If damage is due to a criminal act, report it to the police and get a crime reference number – you will need this for your insurance claim.
- Estimate the value of the damaged or missing items.
- Keep receipts from any emergency repairs made as you should be able to claim the cost back.
Need more help?
There is a lot of free advice out there for organisations wishing to improve security. Take a look at some of the resources below:
