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Direct Line launches commercial insurance
Wednesday, 26 Sep 2007 14:23
Direct Line is to bring out four new commercial insurance policies over the next two months.
The Direct Line for Business service is aimed at sole traders and partnerships owned by individuals who manage their business.
Kate Syred, spokesperson at Direct Line for Business, said: "Direct Line is one of the UK's leading car and home insurers and the launch of these products is great news for small businesses who can now take advantage of the benefits of being a Direct Line customer."
Tradesman insurance polices will cover self-employed individuals or small companies working in the trades with public and product liability insurance cover up to £5 million and optional cover for tools up to £1,500 per person, including laptops and mobile phones.
Residential and Commercial Property Insurance are aimed at buy-to-let owners and property investors with a portfolio of up to five properties. The cover provides full buildings and property owner liability, along with options such as cover for landlords contents and loss of rent if the property becomes inhabitable.
Shop Insurance is aimed at owners of high street, non-chain, shops, for example, hairdressers, florists or typical corner shops. As well as providing standard cover, the policy also includes £15,000 cover for perishable goods lost from storage equipment breakdown and up to £2,000 cover for goods in transit plus £500,000 business interruption cover.