Contractors, such as plumbers or electricians hired for a specific job, who are independent, responsible for their own health and safety, set their own hours, work under their own supervision, supply their own tools and materials, have their own liability insurance and are responsible for the work they have undertaken.
Do you own your business premises – be it a shop, office or hotel? If the building or the fixtures and fittings are damaged by an insured event, like a flood or fire, this policy will cover the repair costs.
Certain rules that must be agreed to before a contract is carried out.
For example, there might be a condition on your insurance policy that says before a ground excavation is undertaken, you must carry out a survey. If you do not carry out a survey, and the underground cable is damaged, you would not be able to make a claim.
If someone is under contract to work for you, they may need a collateral warrant to hire someone to work on the same
job. For instance, an architect working for a construction site. This warrant holds this third-party to account, making
sure they carry out their work in a professional manner. It also entitles this third-party to claim for losses that they
wouldn’t otherwise be able to recover.
This law controls how organisations can use personal information in the UK. This data must be kept safe, secure and up to date. Additional protections cover sensitive information, such as someone's ethnic background, political opinions or health.
This covers the cost of replacing damaged or stolen machinery that you've hired, under contract, on a short term basis. This could include cement mixers, diggers, generators or even temporary site huts and caravans.
If your policy is index-linked and there’s a change in the costs involved to rebuild the property (e.g. if the price of bricks increases), at renewal, your sum insured will automatically increase too. Index Linking also applies to your business contents.
If damage is caused by a leak but you aren't sure where it's coming from, this insurance covers the cost of locating the source and fixing any damage caused when locating the source, up to the limit stated in the policy.
A waiver is a legally binding part of the policy that removes a real or potential liability for the other party. For example, after a settlement between two parties, one might waive their right to pursue legal action.
Direct Line insurance policies are underwritten by U K Insurance Limited, Registered office: The Wharf, Neville Street, Leeds LS1 4AZ. Registered in England and Wales No 1179980. U K Insurance Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority, registration number 202810. The Financial Services Register can be accessed through www.fca.org.uk. Calls may be recorded.