Insurance

Business Insurance

Protecting your business and assets is sound business practice. It is important to choose the correct mix of business insurance policies at the right levels for your business to sufficiently cover the risks, satisfy the bank, and enable you to stay in business should something happen.

It is important to get this mix right.

Appropriate, affordable business insurance coverage has to be relevant to the market that you operate in, the size of your business and the nature of your work. You will need to determine the correct balance between your business risk, and the level and amount of cover you need. We suggest you work with a renowned Insurance Brokerage Company that offers a wide range of products and is experience in providing cost effective cover.

To discuss your insurance needs please feel free to....

Business insurance is usually divided into four main categories:

Liability insurance
Property and buildings insurance
Business assets and equipment insurance (contents cover).
Motor vehicle insurance (van insurance and business car insurance)

Liability insurance

Public Liability Insurance is for a business or individuals legal liability to pay damages for bodily injury, illness or disease contracted by any other person, other than employees, or loss of or damage to their property caused by the insured. However, there has to be some proof of negligence against the company or individual.

Product liability insurance is your legal liability to pay damages consequent upon a defective product being used in the contract. Or where damage is caused to a person or third party by a product you have supplied.

Professional Indemnity Insurance provides protection against any action by clients who believe they received bad or negligent services, and incurred a loss as a result.

Most professional bodies have professional indemnity insurance cover – in some cases it is compulsory. Anyone who supplies advice or services such as consultancy should consider professional indemnity insurance.

Property and Buildings Insurance

Buildings and contents can be insured against; fire, lightning, explosion of gas etc. Usually excluded are; riots, wear & tear, war & nuclear risks.

The business premises should be insured for their full rebuilding cost (including professional fees and the cost of site clearance) and not just for their market value. You may need expert advice to calculate the rebuilding cost, which often differs significantly from market value.

Business assets and equipment (contents cover)

Stock should be insured for cost price. Plant and business equipment can be insured on either a 'replacement' as 'new' or an 'indemnity' basis. Contents are usually covered against theft providing there has been forcible entry to or exit from the premises. Damage to the building resulting from theft or attempted theft will also normally be covered.

Vehicle insurance

Comprehensive Vehicle Insurance provides cover against loss or damage to your vehicle or its contents.

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Life Insurance

We all hope it never happens but the reality is that it does. When a loved one suddenly dies it can leave the rest of their immediate family in a tough situation. They may struggle to pay the bills, mortgage and day to day living costs.

Would you want your family to be in this situation if you were suddenly not around? Wouldn't you want to make sure that your partner and children could survive financially? That is where life insurance can help.

It takes the pressure off the family financially so that they have one less thing to worry about during stressful times. It may seem all life covers are the same but like everything in life there is fine print that needs to be understood. It's our job to get you the best cover and explain all of the fine print.

Call us on 0800 837 000 or E-Mail info@tfs.co

Income Protection Insurance

If you were unable to work due to illness or injury would you still be able to pay your bills and live your lifestyle? Do you have enough money stashed away just in case this happens, most of us don't.

That is where income protection insurance is needed. It pays you a regular, usually monthly, amount until you are able to return to work. There is ACC but this does not cover you for illness and doesn't cover a large proportion of events. Most of us do not have enough sick leave to cover an extended leave of absence due to illness.

Income Protection Insurance helps in these times so that you do not need to worry about money and can concentrate on recovery.

For more information or a free no obligation review of your insurance needs then please contactus on 0800 837 000 or Email info@tfs.co

Mortgage Protection Insurance

Don't let Illness steal your Home!

Mortgage protection insurance helps pay the mortgage in the event that you are unable to work due to illness, injury or disability, (and we can even add redundancy cover) the payment is usually monthly. It means you will have your family home protected so that you and your family can concentrate on your recovery.

For more information or a free no obligation review of your insurance needs then please contactus on 0800 837 000 or E-Mail info@tfs.co

Health Insurance

Most of us can cover the day to day expenses of health, things like doctor visits and prescriptions but if you needed to see a specialist or have surgery could you afford it? Specialist health care can be expensive and most of us would not have an extra few hundred or even thousands of dollars put aside for the specialist. You can lean on the public health system but it may be a long wait. You may need to seek specialist advice a lot quicker to ensure that you are on the road to recovery and getting life back to normal as soon as possible.

Health insurance can help cover the costs of specialist, hospital stays, urgent surgery and means that you can choose, within reason, which professional you use for your treatment. This all means that that you can get back to living your life as quickly as possible. Cover can also be tailored to cover doctors bills, dental and other services if that's the costs you want to protect against. Again not all health insurance covers are the same and you can select one that pays out on more areas, often for no additional cost to you.

For more information or a free no obligation review of your insurance needs then please contact us on 0800 837 000 or Email info@tfs.co

Home & Contents Insurance

Home and contents cover is a must for homeowners and renters. It protects you if your home is damaged or some of your personal belongings are stolen, so you may not have to cover the repairs and replacement yourself.

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