No business should be without property insurance. As well as the devastating financial consequences of direct damage to goods and inventory, natural hazards such as storm or high water almost invariably cause an interruption to business operations. The loss of revenue then incurs further costs. Helvetia’s insurance covers both, ensuring that the business can continue to operate.
Generally, property insurance protects all goods and covers additional expenditures as well as loss of income if business operations are interrupted. The following are covered in the event of a claim:
Property insurance also covers all movable items. In regard to goods, this includes raw materials, semi-finished and finished products as well as operating materials and merchandise. The insured equipment includes furniture, utensils, machinery and IT equipment.
As well as the follow-up costs of disposal, cleaning and data restoration, the insurance also covers third-party items temporarily entrusted to the policyholder.
As property insurance only covers movable goods, it is important to supplement the insurance protection with additional cover, to achieve a holistic solution. With this in mind, business insurance for SMEs combines a number of products in a single policy: