Provider Guide
Norwich Union |
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Cover Offered
Landlords Insurance
Office Insurance
Self Employed Business Insurance
Norwich Union Products Offered
Norwich Union has redefined the insurance marketplace for small to medium businesses within the UK by offering several of the most popular insurance covers through the internet. This is an ideal way to purchase insurance cover if you are in a hurry, or if you just want to estimate the likely cost of insurance in a speedy and hassle-free way. At the moment, Norwich Union can provide Office Insurance, Tradesman Insurance and landlord insurance.
Due to the nature of small to medium businesses, it is hardly surprising that these are often proportionally hit the worst financially in the event of a loss. It is therefore essential to make sure that the correct insurance product is in place. With the piece of mind and financial certainty that insurance provides in place, you can concentrate all your attention on making sure that your business is a success.
Norwich Union operates a 24hr claims hotline which means that you always know that in the event of disaster, financial and business assistance are just a phone call away. Norwich Union is also keen to advise its policy holders on the best way’s to avoid common risks and their causes through their risk hotline. By working in partnership with the insurance company and using their expertise built up by insuring businesses like yours for many years, risks can be minimised which in turn results in lower premiums.
Norwich Union’s business products all provide the policyholder with Public Liability cover. Public liability insurance is designed to cover businesses in the event that they are sued by a third party who feels that they have suffered a loss as a result of that business’ negligence.
If a claim is made, then the dispute will often end up in court, and even if the business itself is blameless, the process can be very costly. Public Liability covers the expenses of the court process, as well as settling any successful claim.
Public liability insurance is designed to protect you in the case that a successful claim is made against the business. If you do not have public liability insurance and a third party successfully pursues you for compensation you will be liable to pay the full amount to the claimant.
Public liability insurance will not prevent claims from happening. However, Norwich Union are very happy to work in partnership with your business to reduce the chance of a claim happening by sharing their excellent risk management procedures with your firms via their risk hotline which is free for all policy holders.
Norwich Union’s insurance products also provide Employer’s Liability Insurance where necessary. Employer’s liability cover enables businesses to meet the costs of compensation and legal fees for employees who are injured at work when the employer is held at fault. Employer’s Liability Insurance also guarantees that an employee will be able to make a claim against the insurance policy even if the business itself has gone bankrupt, which means that employees are always protected by the policy.
The law states that as an employer you must have a minimum of £5 million worth of employer's liability insurance. Norwich Union automatically provide you with double the amount, £10 million.
Employer’s liability insurance is compulsory by law in England, Scotland and Wales. Learn more...
Learn about:
Landlords Insurance
Office Insurance
Self Employed Business Insurance