Hiscox launches Charities Insurance Portfolio
Hiscox has launched a Charities Insurance Portfolio aimed at charities, clubs and associations.
The business insurer says its liability and property package enables charities to meet their insurance needs with one policy from one insurer.
Available via brokers, it provides trustees with separate limits for professional indemnity, employer practices liability and trustees’ liability, as well as covering charities for their commercial premises and events-related risks.
The package also includes bequeathed contents cover, crisis containment cover (PR costs) and business HR and fidelity cover.
For an additional premium, event cancellation, and medical malpractice liability can be added.
Commenting on the launch, Hiscox’s head of professions and specialty commercial, John Heaney, says: “Having one insurer offer a single product to cover the range of risks that charities, their trustees and volunteers face will reduce the risk of a charity having potentially expensive gaps in their insurance.”
Brokers will be able to offer the Portfolio using pre-priced proposal forms for charities, clubs or associations with up to £2 million of income.
Category: Business Insurance News, Companies News
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