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 Glossary
Cadogan Hanover Park can provide you with a list of terms used to identify the insurance you may require.  We are here to make sure you have peace of mind that you and your business are fully protected.
 
Business Interruption
 
Should your profits suffer due to an insured loss then this section of cover puts your business back in the same anticipated position as if the loss hadn't occurred. Full Gross Profit / Fees cover is available or simply Increased Cost of Working which will keep your business operative despite the insured event.

Contents
 
Provides cover for all Machinery Plant and Contents used by your business on a New for Old basis subject to the sums insured reflecting the replacement value.

Employers Liability
 
Covers your legal requirement to protect your employees against the negligent acts of the employer or their employees.

Equipment away from Premises
 
All Risks cover can be provided to cover the loss of equipment anywhere in the World.

Engineering
 
Whether it is an Inspection Contract or full Engineering cover you are looking for we have a solution for you.

Fleet
 
Provides cover for your vehicles on a fully comprehensive basis or restricted cover dependent upon your needs. Can be extended to any driver or restricted to certain age bands. Can also extend to include Uninsured Loss Recovery and full Excess Insurance.
 
Goods in Transit
 
Protects against damage caused to goods whilst in the course of transit between locations - this could either be own stock or Customer goods in trust.

Group Personal Accident and Travel
 
Covers your employees on an occupational only basis or a 24 hour basis dependent upon your requirements and can be extended to provide business travel cover for UK to UK risks as well as European and World wide destinations.
 
Loss of Rent
 
Protects your rental income arising from a property following an Insured loss.
 
Money
 
Provides cover for loss of money held on the premises, in night bank safe, at nominated employees dwellings or in the course of transit to and from the bank.
 
Premises
 
Provides cover for your buildings and / or tenants improvements and / or fixtures and fittings against losses by specified perils or an an All Risks basis. Cover includes any debris removal costs, architects fees and local authority fees.
 
Professional Indemnity
 
Provides cover against negligent advice given that causes a loss be it verbal advice or design.
 
 
Public/Product Liability
 
Covers your liability against third party injury or property damage caused by your property or product.
 
 
Stock
 
Provides cover for Stock and also extends to include any works in progress or customers stock held in trust. The sum insured should represent the purchase or manufacturing costs and should not include any element of profit. Cover can be arranged on a Specified Perils or All Risks Basis
 

 

 

 

Cadogan Hanover Park can provide you with a list of terms used to identify the insurance you may require.  We are here to make sure you have peace of mind that you and your business are fully protected.
 
Business Interruption
 
Should your profits suffer due to an insured loss then this section of cover puts your business back in the same anticipated position as if the loss hadn't occurred. Full Gross Profit / Fees cover is available or simply Increased Cost of Working which will keep your business operative despite the insured event.

Contents
 
Provides cover for all Machinery Plant and Contents used by your business on a New for Old basis subject to the sums insured reflecting the replacement value.

Employers Liability
 
Covers your legal requirement to protect your employees against the negligent acts of the employer or their employees.

Equipment away from Premises
 
All Risks cover can be provided to cover the loss of equipment anywhere in the World.

Engineering
 
Whether it is an Inspection Contract or full Engineering cover you are looking for we have a solution for you.

Fleet
 
Provides cover for your vehicles on a fully comprehensive basis or restricted cover dependent upon your needs. Can be extended to any driver or restricted to certain age bands. Can also extend to include Uninsured Loss Recovery and full Excess Insurance.
 
Goods in Transit
 
Protects against damage caused to goods whilst in the course of transit between locations - this could either be own stock or Customer goods in trust.

Group Personal Accident and Travel
 
Covers your employees on an occupational only basis or a 24 hour basis dependent upon your requirements and can be extended to provide business travel cover for UK to UK risks as well as European and World wide destinations.
 
Loss of Rent
 
Protects your rental income arising from a property following an Insured loss.
 
Money
 
Provides cover for loss of money held on the premises, in night bank safe, at nominated employees dwellings or in the course of transit to and from the bank.
 
Premises
 
Provides cover for your buildings and / or tenants improvements and / or fixtures and fittings against losses by specified perils or an an All Risks basis. Cover includes any debris removal costs, architects fees and local authority fees.
 
Professional Indemnity
 
Provides cover against negligent advice given that causes a loss be it verbal advice or design.
 
 
Public/Product Liability
 
Covers your liability against third party injury or property damage caused by your property or product.
 
 
Stock
 
Provides cover for Stock and also extends to include any works in progress or customers stock held in trust. The sum insured should represent the purchase or manufacturing costs and should not include any element of profit. Cover can be arranged on a Specified Perils or All Risks Basis
 

 

 

 

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