Stock & Equipment Insurance

All pieces of company equipment that are not for sale are covered in insurance, including furniture, tools, machinery, fittings and other appliances. The equipment you had improved (any alterations or betterment) on the behalf of your tenant’s rented space or to your building is also included. The equipment can be covered under the basis of Actual Cash Value or Replacement Cost.


“You’re only as good as the tools you use” that is a saying that has been around for a long time. Protecting your business tools is vital, whether they are handheld tools or larger equipment such as backhoes and loaders. They are the backbone of your business. Basic commercial insurance won’t provide coverage for your small tools or larger equipment if they are to leave the shop or to be exercised at more than one location. In such cases, you are required to place your property on a `floater” coverage. With Tool Floater, you can get insurance for your portable equipment. A Contractors’ Equipment Floater insurance provides coverage for all movable equipment and pays for damages to a contactor’s equipment caused due to theft, fire, vandalism, water damage, and breakage.

Installation Floater

It usually provides insurance for property installed at a work site by a particular contractor or subcontractor. When a property is in transit, in temporary storage, and during the installation and testing process, It usually provides insurance for property installed at a work site by a particular contractor or subcontractor. If the property is in transit, being stored temporarily or being installed and tested, these conditions make grounds for coverage.

Equipment Breakdown Coverage / Boiler and Machinery

In the event, an organization suffers financial loss due to malfunctioning of equipment, Equipment Breakdown Coverage is provided. This includes system failure of heating, refrigerating, air conditioning equipment, pressure vessels, boilers, production machinery, all electrical equipment.
The term Boiler and Machinery, as previously known in the Insurance Industry is now replaced with a more inclusive term: Equipment Breakdown Coverage or also known as Mechanical Breakdown Coverage.
Equipment failure that occurred under sudden and accidental circumstances is also covered by insurance. The coverage list includes boilers, machinery, and equipment such as computer systems, communication systems.
Insurance will pay expenses caused by damages to property,transportation costs, and any loss due to interruption in business.

Insurances for your child's future

Take care of your child

You can protect the future of your kids with the money you invest in life insurance. This could set their life and shield them from any financial perils such as student loans or heavy wedding expenses.