Equipment insurer Protecsure has added new Additional Benefits for it Equipment Insurance.
As technology continues enables businesses to become more mobile, they have recognised that it’s important to provide insurance solutions that are forward thinking and help keep business on the move.
What is Equipment Insurance
The equipment they cover under the policy includes:
- Tools of Trade
- Light Machinery
- Survey Equipment
- Mobile Electronic
- Mobile Medical
- Photographic
- Diagnostic and Measuring
- Musical Instruments
- Sports Equipment
What are the New Additional Benefits
With effect from 5th February 2016, Protecsure will be enhancing their Equipment wording to automatically include the following additional benefits –
Removal of Debris | Up to 10% of the damaged items sum insured |
Additional Costs Associated with Repair | $2,000 any one event or 50% of the total sum insured, whichever is the lesser |
Equipment on Loan | Replacement equipment wording enhanced to provide cover for loaned or hired equipment |
Worldwide Cover | You no longer need to advise us of travel periods greater than 28 days |
Theft of Other Equipment | $2,000 any one period of insurance |
Protecsure is a general insurance underwriting agency formed in 1990. They deal with intermediaries such as insurance brokers and financiers. They are an agent for Chubb, AIG Australia Limited and W.R. Berkley Insurance(Europe), Limited incorporating W.R. Berkley Insurance Australia.
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