AXA Connect

Contractors Combined Insurance

Our Contractors Combined Insurance policy is available for new business and renewals with effect from 12th August 2016.

Cover is flexible, making it easier for you to tailor cover to your customers' needs.

  • The policy wordings are clear and specific to particular sectors and the cover chosen.
  • Cover extensions are automatically built into wordings with flexible extension limits displayed clearly on the schedule specific to your customers' needs.
  • All limits of indemnity are clearly shown on the re-designed policy schedule along with all excesses applicable to the chosen cover.
  • Policy wordings and schedules are available electronically so can be emailed.

Your clients can choose from the following cover options:

  • Property and Casualty Cover Options

    This cover protects your clients' business income following a property or damage loss.

    Cover options available include:

    • Accounts receivable
    • Annual gross rentals, estimated gross rentals or gross rentals
    • Annual gross revenue, estimated gross revenue or gross revenue
    • Estimated gross profit or gross profit
    • Increase in cost of working
    • Additional increase in cost of working
    • Exhibitions cover
    • Theft of building cover
    • Transit cover
    • Unspecified customers cover
    • Increased inflation protection cover options also available.

    Our Computer Insurance policy section covers 3 main areas:

    • Computer equipment
    • Reinstatement of data
    • Increased cost of working

    Cover includes:

    • Basis of claims settlement
    • Escalator cover
    • European Community and public authorities (including undamaged property cover)
    • Expediting costs cover
    • Free materials cover
    • Hired in plant cover
    • Immobilised plant cover
    • Indemnity to principals cover
    • Off-site storage cover
    • Re-drawing plans or documents cover
    • Reinstatement of sum insured after loss cover
    • 72 hour cover
    • Speculative development cover
    • Show properties and contents cover
    • Sub-contractors cover
    • Transit cover

    Cover includes:

    • Basis of claims settlement
    • Escalator cover
    • European Community and public authorities (including undamaged property cover)
    • Expediting costs cover
    • Free materials cover
    • Hired in plant cover
    • Immobilised plant cover
    • Indemnity to principals cover
    • Off-site storage cover
    • Re-drawing plans or documents cover
    • Reinstatement of sum insured after loss cover
    • 72 hour cover
    • Speculative development cover
    • Show properties and contents cover
    • Sub-contractors cover
    • Transit cover

    This cover gives your clients protection in respect of legal liability for bodily injury to employees.

    • Basis of cover for bodily injury 'caused' and not 'sustained' during the period of insurance
    • Manslaughter costs, with a standard limit of £1,000,000 (increased limits can be arranged)
    • Safety legislation costs, with a standard limit of £1,000,000 (increased limits can be arranged)
    • Terrorist act cover limit of £5,000,000
    • Cover is available for court attendance costs - £500 per day for any director, partner or employed person
    • Cover is available for overseas employees working for a company based in the UK for claims brought under UK law.

    This covers your clients against financial losses arising out of a defect in or the unsuitability of products or services.

    This cover is available when a Public and Products Liability or a Public Liability (building and allied trades) section is in force.

    • Cover includes breach of contract not restricted to negligent acts
    • Cover provided on a 'claims made' basis
    • Notification of circumstances cover included

    Insurance to protect property while in transit either in own vehicles or while being carried by a third party.

    Included as standard:

    • Additional expenses cover up to £10,000 for any one claim
    • Demonstration or approval cover up to the consignment limit
    • Exports (free on board/free on aircraft) cover
    • Packers' premises cover up to the consignment limit
    • Personal effects cover up the £500 for any one claim

    This is All Risks cover to protect your clients' business money.

    Cover includes:

    • Definitions to separate negotiable and non-negotiable money
    • Fraudulent use of credit cards cover
    • No age limit applicable on personal accident assault
    • £500 counselling costs under personal accident assault section

    Insurance cover to protect your clients' buildings, contents, stock and other items against damage caused by an insured peril.

    • Theft is included as a peril, so no separate theft section
    • Separate perils for storm and flood with a new defined term
    • Buildings constructed from metal or composite panels insulated with materials other than polystyrene will be regarded as being of Standard Construction
    • Freezer contents
    • Theft damage to buildings
    • Unauthorised use of utilities
    • Unspecified storage sites
    • Terrorism Act cover is available upon request
    • 72-hour wording to treat incidents of storm or flood damage.

    An All Risks cover to protect specific items in the UK and, optionally, elsewhere.

    • Cover is available to cover items at the business premises, in the UK, in the European Union or Worldwide
    • Excesses show on the schedule against each specific item. The higher excess will apply if multiple items subject to one claim
    • Amended unattended vehicles condition which recognises hatchbacks

    This covers your clients against:

    • Acts of Terrorism
    • Damage to the property insured
    • Business interruption

    This provides cover for your clients for loss of money or property due to employee dishonesty or acts of fraud.

    • Includes previous insurance 'interlocking' clause
    • No separate standards of control questionnaire needs to be completed. 
  • This is a summary of some of the covers, exclusions and conditions of the insurance provided as part of our Contractors Combined Insurance contract. They do not form part of an insurance contract. You can find full terms and conditions of the cover in the relevant section of the policy wording.