Office Insurance Material damage to contents €40.000 and extensions of coverage 👉estimated premium €750-€850 Required broker fee €75

Office Insurance Proposal Summary

Material Damage Cover

◇ Buildings (including landlord’s fixtures, fittings, walls, gates, and fences): €0
◇ Contents, Machinery, Plant, Tenant’s Improvements & All Other Contents (excluding those separately insured): €40,000
◇ Stock, Materials in Trade & Goods in Trust: €2,000

Money Cover (Per Event)

◇ While Premises Closed or Unattended:
– Not in locked safe/strong room: €600
– In locked safe/strong room: €1,700

◇ At the Private Residence of the Insured or Trusted Persons: €600

◇ While Premises Open and Attended: €4,250

◇ While in Transit, including Night Safe Deposits: €4,250

◇ Crossed Cheques & Non-Negotiable Instruments (within Cyprus): €17,000

Portable Equipment

◇ Mobile Phones & Laptops: €2,500

Business Interruption

◇ Business Interruption Extension Limit: €10,000

Employer’s Liability

◇ Per Employee: €160,000
◇ Per Event or Series of Events: €3,500,000
◇ Aggregate Limit (per Insurance Period): €5,200,000
◇ Estimated Annual Gross Salaries: €115,000

Public Liability

◇ Limit per Event: €1,000,000

Products Liability

◇ Aggregate for All Events (per Insurance Period): €250,000

Management Liability

◇ Directors' & Officers' Liability Extension: €8,500

Policy Deductibles (Excesses)

◇ Material Damage (per claim): €170
◇ Material Damage due to Earthquake: 1.50% of the total sum insured per affected location, after applying any Average (Underinsurance) conditions and other applicable terms.

◇ Public & Products Liability (per claim): €170