MMA releases new Internal Risks product
by Richard Kilner
Story link: MMA releases new Internal Risks product
Following feedback from its broker base MMA Insurance has developed a new Motor Trade Internal Risks product.
The new product has been created to cater to the needs of smaller motor traders by providing them with coverage for their premises and liabilities.
It is suitable for those who work from home, a mobile base or trade premises and available to all current and future Road Risks customers.
The policy provides coverage of up to £10m employers’ liability, £5m public liability and £60,000 for a trader and up to six employees for vehicles at the business premises.
Furthermore office contents worth up to £10,000 are covered, with buildings coverage of up to £100,000 and business interruption and money cover are also available for vehicle sales offices of up to £25,000.
Both Motor Trade Internal Risks and Road Risks are available via MMA Broker Online.
This new product is the result of feedback received from the insurer’s broker base, and is the second recent example of such an occurrence.
Earlier in February MMA relaunched its commercial combined policy for SMEs, having revised its product following broker feedback in a bid to improve its Commercial Lines offering.
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