Plant and Equipment

Plant and Equipment insurance will cover your business contents and machinery and is often known simply as contents insurance. If your business holds stock then this will generally need to be insured as a sperate figure. Some insurance companies will also ask for electronic equipment, such as computers, to be considered separately.

If you take any plant or equipment away from your premises then you will need to inform your insurer as they may need to be itemised.

If you have plant, machinery or equipment that is vital to your business then you should consider engineering insurance, which may offer cover in the event of breakdown or failure.

As well as covering your plant and equipment for loss or damage we suggest that you also take business interruption insurance which will pay for lost income or profits resulting as a consequence.

Plant, machinery or equipment that could be potentially dangerous, such as lifting or pressurised plant, then the law may require that you have regular inspection and certification.