Commercial insurances

Russel Insurance offers companies among others the following insurance products. If you are interested in obtaining a temporary quotation or if you wish to make an appointment with one of our insurance consultants, please contact us.

Your choice of the following commercial lines products:

• Fire and burglary Commercial

  The consequences of a fire may be disastrous for your business. A burglary quite often is a very unpleasant and difficult experience, while the preparation of a claim results to be an inevitable and tedious exercise for the owner of the business.
  The importance of having a reliable fire and burglary insurance needs no further explanation. 
  The perils of fire, lightning, storm, hurricane, flood and explosion and certainly of no less importance, the interruption of the daily business operations are risks that should be insured under a proper fire insurance policy.

  

• Public Liability insurance Commercial

  Public Liability insurance provides proper cover for legal liability insurance in the specific capacity the company conducts its business. Legal Public liability may result from the services or products your business offers and liability may originate from several causes.
  It is a vital and indispensable cover for any well managed business.

  

• Automobile insurance Commercial

  The various auto insurance products nowadays available in the market make it more and more unclear and difficult for you, as to which product is the best for you. Fleet discounts or special cover arrangements for the vehicles owned by the business, are matters we sort out and arrange for you.
  Existing no-claim discounts and drivers' Personal accident insurance can be secured.

  

• Personal Accident Insurance Commercial

  For your employees and as an employee benefit, attractive quotations can be obtained.The policies offer insured benefits for death, permament or partial disablement caused by an accident.
  Personal Accident Insurance is a relatively inexpensive insurance product and the insurance companies offer competitive products. It is therefore highly recommendable that you consider the right advice before you make your choice.

  

• All Risks Commercial

  Computer hardware and other industrial and electronic office equipment can be insured on the basis of an All Risks insurance policy. Russel Insurance will be pleased to give you all information on the subject.

  

• Boat insurance Commercial

  Fishing vessels and other commercial seagoing vessels, can be insured against Marine All Risks hull and machinery breakdown risks. The usual policy conditions are the English insurance clauses for marine craft and may include the owner’s legal liability.

  

• Annual Travel and Cancellation & Premature return Commercial

  The essence of these insurances has already been explained under the heading of Private Insurance. For regular business travel, an annual travel policy and Cancellation & Premature Return insurance are effective and efficient products for these risks.

  

• Local Health Care Commercial

  Besides the basic hospital class insurance with optional benefits, special arrangements can be made for employee group insurance.
  Depending on the number of insured employees (minimum 25), the average age and the additional benefits to be insured, the insurance companies will consider insuring on the basis of a non-selective procedure, waiving the requirement to complete a health declaration form by each employee. For large groups, > 80 employees, special benefits can be negotiated and agreed upon.

  

• International Health care insurance

  For health and accident insurance with guaranteed lifetime renewability, on a Global basis or for Disability income protection, Russel Insurance can offer a select choice of products from various International Insurance companies.

  

• Life insurance Commercial

  For the financial consequences in case of death, as a collateral security arrangement or for your old age income protection in the form of a pension plan, various life or term insurance policies can be arranged. Pension plans are often attractive employee benefits and may offer interesting tax savings to your company.

  

• Money in transit and Hold up Insurance Commercial

  For some businesses the transportation or traffic of money on the public road is a daily routine. The risk of being exposed to a hold-up or a robbery is nonetheless a reality which can be covered by this type of insurance. Be it while you are on the road or on premises, during or outside normal business hours, the Money-in-transit insurance policy can provide proper cover. Damage to cash registers, safes or vaults can be included under the cover.

  

• Construction All Risks Commercial

  When planning the constuction of a project or your company's building, it is common practice that the contractor arranges for a Construction All Risks insurance, also denoted as a CAR insurance.
  The Construction All Risks insurance for civil construction works offers an insurance against loss or damage of building materials from the very start of the construction until the project or the building is finally transferred to you as the principal. Cover is wide and includes loss for damages caused by fire, theft, rain, storm, subsidence, flooding and faulty workmanship of the contractor or the architect. Damage to existing property and public liability during the construction are risks that can be included in the policy. Group Accident insurance for labourers is usually arranged throughout the construction period.  

  

• Marine Insurance Commercial

  The insurance for the imports of your merchandise is usually arranged by your forwarders or shippers and is often difficult to estimate the cost factor of the insurance beforehand. The landed cost of your products when being computed for retail or wholesale purposes, may therefore have inadequate or unanticipated results.
  In case of damage or loss, the claims handling will often result in endless and exhaustive correspondence between you and the suppliers or forwarders. As a businessman and under these circumstances you would prefer or tend to drop the matter altogether and concentrate your enegry on your business activities.
  
  A Marine Open policy offers ease and an efficient solution to this aspect of the business.
  Some simple administrative steps need to be regarded to ensure if insurance has been arranged on each of your orders. A simple monthly declaration stating the values to be insured will suffice to confirm insurance is in effect.
  
  In case of claims, these can be handled by us locally making tedious claims correspondence to belong to the past.
  Marine Open policies can also include your exports by ocean vessels or by air, thus offering full cover for all your goods.
  The conditions and the required terms of insurance will be laid out in the policy document.