Blocks of Flats Insurance polices do not automatically provide cover for Damage and consequential losses as a result of terrorist activity. Because they are insured on a ‘commercial’ basis, they do not benefit from the cover automatically afforded individual homeowners on ‘personal’ insurance contracts. As a result, if you want your Block of Flats to be appropriately covered, you will need Terrorism Insurance. If your property suffered due to an act of terrorism, you will not be able to claim for the damage or alternative accommodation costs if you don’t have this cover.
With the high-level of terrorist threat a constant, please carefully consider the need to purchase this important cover. It’s important to note that Mortgage providers and Lease wordings may have a requirement to insure the property against Explosion damage and, in order to fully comply, Terrorism cover will need to be purchased.
In addition to the traditional Government-backed scheme, we also have access to stand-alone insurance companies that specialise in Terrorism insurance, and provide exceptionally competitive rates.
All of the business insurance products that Lumley Insurance Limited offer can be tailored to your specific business and unique needs, and should help to bring business owners greater peace of mind should the worst ever happen to, or within, their business or business property. Lumley Insurance work hard to ensure that all businesses are adequately covered by appropriate and comprehensive insurance policies (though rely on the business owner providing detailed information about the item(s) being insured), and use the extensive knowledge and experience gained from the last four generations working within the High Value Insurance industry to ensure our customers always receive the very highest quality cover and customer care.
How to proceed
If you'd like us to find you a competitive and comprehensive quote please contact us directly on 01285 885 885 to discuss your requirements in more detail.
Please note that our office opening hours are 8.30am to 5.30pm Monday to Friday, and that we aim to respond to your enquiry as soon as possible within these times.