Allianz Ireland

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Business Packages Insurance

Office Insurance

Policy Summary

This document outlines the main benefits and restrictions associated with an Allianz Office Policy. It does not list all of the benefits, terms, conditions, limitations, exceptions and exclusions associated with the Policy, a copy of which is available from the Company or your Insurance Intermediary on request. Some covers are optional and will only apply if you have specifically selected them the quotation or policy schedule will have details of the sections selected.

Please take time to read the Policy and your Schedule to ensure that you understand the cover provided.

You should review and update your cover periodically to ensure it remains.

Buildings/Office Contents Section

Cover for Damage to Buildings, machinery, fixtures and fittings and Stock resulting from one of the following Perils

  • Fire, Lightning and Explosion
  • Aircraft
  • Riot, Civil Commotion or malicious damage
  • Earthquake
  • Subterranean fire
  • Storm or Flood
  • Escape of Water from tanks, apparatus or pipes
  • Impact by vehicles or animals
  • Sprinkler Leakage
  • Theft or attempted theft following forcible or violent entry to or exit from the Premises
  • Accidental Damage

Principal Extensions

Cover includes:

  • Public authorities the additional costs incurred in the rebuilding or repair of the property to a standard required by the authorities
  • Reinstatement of the amount of any loss
  • Removal of debris costs the cost of removal of debris of the damaged property insured
  • Temporary removal of deeds, documents and computer systems records
  • Rent payable to the landlord following loss limit up to 25% of office contents
  • Sum insured for any one loss
  • Locks and keys covers the cost of replacing locks and keys up to a limit of €650 for any one loss

Business Interruption Section

Covers loss resulting from interruption of or interference with the Business carried on by the Insured at the Premises in consequence of Damage by an Insured Peril to property used by the Insured at the Premises for the purpose of the Business.

Principal Extensions

Covers interruption or interference with the Business in consequence of:

  • Damage caused by an insured Peril which causes an interruption to Public Utilities up to a limit of €10,000 or 15% of the Business Interruption Sum Insured whichever is the less for any one loss
  • Damage caused by an insured Peril to property in the immediate vicinity of the Premises which prevents or hinders the use of the Premises or access thereto up to a limit of €250,000 in any one Period of Insurance

Principal Exclusions and Limitations (Material Damage and Business

Interruption)

No cover for:

  • Unoccupied buildings are not insured unless they are notified to us and specific precautions are taken to inspect and protect the property as specified in the Policy
  • Malicious damage, freezing or escape of water in any unoccupied building
  • Theft not involving forcible and violent entry to or exit from the premises
  • Theft, Storm or Flood to movable property in the open
  • Frost, wear and tear, gradual deterioration, inherent vice, latent defect

Breakage of Standard Glass/Fixed Sanitary Ware Section

Covers Damage to Standard Glass and Fixed Sanitary Ware owned by the Insured or for which the Insured is responsible at the Premises

Principal Extensions

Cover Includes

  • Temporary Boarding Up to €650
  • Repairing Damage to window frames/fittings up to €320
  • Making good damage to window stock up to €320
  • Rectifying of alarm system up to €320

Principal Exclusions

Cover excludes

  • Scratching or chipping without actual breakage
  • Glass or sanitary ware which forms part of Stock
  • Neon or illuminated signs
  • Glass in conservatories or glasshouses

Documents in Transit Section

Covers Damage to documents in transit by registered or unregistered post or wile in the custody of the Insured or his employees.

Principal Exclusions

Cover excludes

  • Damage as a result of delay or for value of information in documents
  • Damage to documents as a result of insufficient wrapping or packing

Book Debts Section

Covers the non collection of outstanding debts as a result of a defined peril covered by the policy.

All risks Section

Covers damage to neon or illuminated signs attached to the building and to business machines at the premises.

Principal Exclusions

Cover excludes:

  • Damage caused by scratching, abrading denting, wear and tear, rusting, vermin
  • Damage by inherent vice, latent defect, frost, change in water table
  • Faulty workmanship or design by any employee
  • Damage caused by cleaning or repair

Employers Liability Section

Cover for legal liability for bodily injury to an employee caused during the period of insurance in connection with your business. Limits of Indemnity up to €13m (any one claim) are available.

Principal Extensions

Cover includes the legal liability:

  • Of anyone for whom you are carrying out work under contract
  • Of partners, directors or employees
  • For health and safety at work legal defence costs
  • For temporary contracts overseas

Principal Exclusions

Cover excludes:

  • Travel to or work on an offshore installation
  • Injury caused by a vehicle for which motor insurance is required by law

Public Liability Section

Cover for legal liability for accidental injury or accidental damage to property (not owned by you) occurring during the period of insurance in connection with your business. Limits of Indemnity from €2.6m to €6.5m (any one claim) are available for most trades.

Principal Extensions

Cover includes the legal liability:

  • Of anyone for whom you are carrying out work under contract
  • Of partners, directors or employees
  • For health and safety at work legal defence costs
  • Of a joint insured if more than one party is named as insured the policy will cover them separately subject to the limit of indemnity
  • For temporary contracts within the EU and work of a clerical nature outside the EU
  • For personal liability arising from temporary trips abroad

Principal Exclusions

Cover excludes:

  • Loss of or damage to your own property or property in your custody or control.
  • Liability arising from any vehicle or trailer where motor insurance is required by law (other than loading or unloading)
  • Design plan or specification or any treatment or advice given for a fee or where a fee would normally be charged.
  • Injury to any employee.
  • Fines, penalties, punitive, liquidated or exemplary damages arising from any product (other than food or drink served on the business premises).
  • Liability arising from asbestos

Products Liability Section

Cover for legal liability for accidental injury or accidental damage to property caused by products supplied by you in connection with your business. Limits of Indemnity from €2.6m to €6.5m (any one claim and in the aggregate for the period of insurance) are available for most products.

Principal Extensions

Cover includes the legal liability:

  • Of anyone for whom you are carrying out work under contract
  • Of partners, directors or employees
  • For health and safety at work legal defence costs
  • Of a joint insured if more than one party is named as insured the policy will cover them separately subject to the limit of indemnity

Money Section

Includes cover for:

  • Crossed cheques/postal orders/money orders - limit of indemnity €250,000
  • Covers cash and other negotiable money:
    • on the Premises during Business Hours, in transit to or from the bank or in a bank night safe limit selected
    • in a locked safe at the Premises out of Business Hours - limit selected
    • out of a safe outside Business Hours in the Premises up to - €500
  • Damage to safes or strong rooms - limit of indemnity up to €6,500.
  • Personal assault during the course of the Business:
    • death, loss of limb, loss of sight and permanent disablement of up to €15,000
    • temporary total disablement €65 per week (up to 104 weeks)
    • vouched medical expenses as a result of assault up to a limit of €500

Computer Section

Covers accidental damage to computers and data carrying material (including cost of reinstating data) by any of the Insured Defined Perils

Principal Extensions

Cover Includes

  • Additional costs and expenses in respect of consulting engineers (excluding fee in preparation of a claim) fees.
  • Debris removal.
  • Temporary removal of computers for repair or renovation

Legal Expenses Section

Covers legal expenses of the Insured for employment disputes, legal defence, contract disputes, property protection and bodily injury, tax protection.

Principal Exclusions

Cover excludes

  • Any claim reported more than 180 days after the date the Insured should have known about the insured incident
  • Cost and expenses incurred before the Insurer accepts the claim in writing
  • Fines and penalties which the insured is ordered to pay by a court or appropriate
  • Authority other than those as a result of an employment compensation award
  • Any incident deliberately caused by the insured person

Principal General Exclusions (applicable to all sections of the Policy)

Cover excludes:

  • War/terrorism or damage as a result of nuclear accident
  • Damage due to pollution or contamination
  • Any fraudulent, criminal, wilful or dishonest act by the insured or their representatives
  • The excess refer to Policy Schedule
  • Loss due to failure in recognising any date as its true calendar date

Please Note

These products are only available with Allianz via an authorised insurance intermediary, they are not offered on a direct basis.

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