Business Insurance

BUSINESS INTERRUPTION/ LOSS OF PROFITS

Our Business Interruption/ Loss of Profits Insurance policy covers loss of gross profit due to partial or complete stoppage of business operation due to an insured loss. This is crucial to enable the business to continue to meet fixed expenses such as mortgage payments, salaries, and lease payments.

MONEY INSURANCE

Our Money Insurance policy covers all risk of loss or damage to money, which includes as cash, cheques, bills of exchange, promissory notes, travelers’ cheques and stamps from theft, fire etc. excluding theft by employees.

CRIME / FIDELITY GUARANTEE

Our Crime / Fidelity Guarantee Insurance policy covers loss of money or stock arising from fraud or dishonesty of the employees..

COMPUTER ALL RISK

Our Computer All Risk Insurance policy covers all risk of physical loss or damage to property arising from theft, fire and perils, and unforeseen accidental damage. Coverage can be extended to include for loss of data. Breakdown cover is also available but a maintenance contract is required.

PUBLIC LIABILITY

Our Public Liability Insurance policy covers all sums which the insured shall become legally liable to pay arising out of the acts of negligence resulting in death, bodily injury or illness to third parties and loss of or damage to third party property.

PRODUCTS LIABILITY

Our Products Liability Insurance policy covers all sums which the insured shall become legally liable to pay arising out of acts of negligence or the sale of defective products which result in death, bodily injury or illness to third parties and damage to their property.

WORKMEN’S COMPENSATION

This insurance is mandatory by law and covers the insured’s legal liability to his employees for injuries sustained or death by accident or disease arising out of and in the course of employment as required by the Antigua & Barbuda Workmen’s Compensation Amendment Act 2014.

EMPLOYERS LIABILITY

Our Employers Liability Insurance policy covers the insured’s legal liability at common law to his employees for injuries sustained or death by accident or disease arising out of and in the course of employment.

DIRECTORS & OFFICERS LIABILITY

Regardless of the nature of your business, your Directors and Officers carry significant risk due to their responsibilities. They can be held personally liable for a number of matters including, but not limited to, errors in judgment, breach of legal duty or failure to disclose conflicts of interest. The resulting claims and legal expenses are often very costly. Our Directors & Officers Liability Insurance policy allows you to attract and retain top talent by protecting your Directors and Officers. It is tailored to address all clients’ specific needs; however, all policies include cover for: Claims for Damages & Defense Costs.

FIRE & ALLIED PERILS

Our Fire & Allied Perils Insurance policy covers sudden, accidental, and physical loss or damage to property caused by fire, lightning, thunder bolt, subterranean fire, explosion, riot, strike, and impact by road vehicles, or animals, aircraft damage, bursting or overflowing of water tanks, earthquake, volcanic eruption, hurricane, windstorm, tornado, cyclone, flood and malicious damage.

CONTRACTORS ALL RISK

Our Contractors All Risk Insurance policy covers all risk of physical loss or damage to temporary and permanent works including contractors’ plant, tools and equipment, and materials arising from unforeseen accidental causes.

BURGLARY

Our Burglary Insurance policy covers loss or damage as a result of theft accompanied by actual, forcible and violent entry to or exit from the premises or any attempt theft.

PROFESSIONAL INDEMNITY

Our Professional Indemnity Insurance policy covers policy covers the insured against claims, which he/she is legally liable to pay as a result of his negligent errors and omissions in a professional capacity, and which result in a loss to the recipient.

MACHINERY ALL RISK

Our Machinery All Risk Insurance policy covers all risk of physical loss or damage, resulting from incorrect operation, negligent or malicious acts of employees, peril of nature, fire, lightening and explosion. Burglary and theft, collision, overturning, derailment, faulty design, material and workmanship are also covered under this policy.

MORTGAGE INDEMNITY

Our Mortgage Indemnity Insurance policy covers the difference between the lenders usual advance and the actual advance in respect of loans, providing that the amount of the advance does not exceed 95% of the purchase price and the borrowers’ maximum debt ratio does not exceed 40%. This is subject otherwise to the terms and conditions of the policy and the proposal form is required before quotations can be given.

Request a quote online, call or visit one of our offices to learn more information. Remember, you can save money when you bundle your insurance policies at Brysons. Ask our representatives and start saving.