McClelland-primary-colour.png

Business Contents

What is it?


Business Contents Insurance is a type of insurance that provides coverage for the contents of your business, such as furniture, equipment, inventory, and other assets. This coverage protects your business assets from unexpected events such as fire, theft, natural disasters, and other covered losses.

Why you need it?


The contents of your business are essential to its success. From your office furniture to your equipment and inventory, these assets are valuable and can be expensive to replace. Business Contents Insurance can help protect your assets from damage, theft, or loss due to unexpected events such as fire, water damage, or natural disasters.

Common Benefits 


Having Business Contents Insurance can provide peace of mind knowing that your assets are protected. If a covered event occurs, you can file a claim and receive compensation for the loss or damage to your business contents. This coverage can also help cover the costs associated with business interruption, such as lost income or the cost to rent a temporary workspace while your business is being repaired.

There are several types of insurance premiums available for Business Contents Insurance. They include:

Replacement Cost Coverage: This coverage provides reimbursement for the cost to replace your business contents at current market value, without taking into account depreciation.

Actual Cash Value Coverage: This coverage provides reimbursement for the cost of your business contents, taking into account depreciation.

Named Perils Coverage: This coverage provides protection against specific events listed in your policy, such as fire, theft, or water damage.

All-Risk Coverage: This coverage provides protection against all risks except those specifically excluded in your policy.