Precision Engineers Insurance
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designing your bespoke cover
As a precision engineering business you will be manufacturing high quality, bespoke products for your customers. Whatever materials you work with, either on a single or multiple sites, Lockyers will review your specific requirements to design a tailored precision engineers insurance package for you. We have access to most UK branded insurers and can also offer the services of a dedicated claims manager to help you through the process should the need arise.
Cover can be tailored to include:
- Buildings insurance – cover to protect your premises in the event of structural damage such as fire damage
- Tenants improvements insurance – cover for permanent changes made to a leased property by the tenant rather than the landlord such as: wiring, built in cupboards, installation of stud walls or mezzanine floors
- Contents insurance – cover for items such fixtures and fittings from losses caused by damage and theft, especially when some equipment can be very expensive
- Stock insurance – cover for damage or theft of products or materials which can be very expensive to replace
- All risk items away from the premises insurance – including laptops and phones
- Loss of profits insurance – cover to allow your profit levels to be maintained in the event of business downtime so your business will still receive income
- Computer insurance – cover for loss, theft or accidental damage
- Goods in transit insurance – cover includes goods in vehicles owned or operated or carried by a third party.
- Legal expenses insurance – protection from the costs of legal proceedings including employment and tax disputes
- Public liability insurance –– cover for claims due to injury or loss including damage to property or injury to a member of the public – Find out more
- Product liability insurance – covers the cost of compensation claims for injury or damage to people or properties by a faulty product that your business designs, manufacturers or supplies – Find out more
- Employers’ liability insurance– a legal requirement if you have 1 employee or more to cover against any action taken by any employee in the event of accident or loss – Find out more
- Machinery and plant insurance – cover for damaged or stolen machinery including production machinery, forklifts and generators that you own or loss of plant that you’ve hired
- Directors’ and officers’ insurance – cover for claims from anyone who feels they have suffered a loss arising from a director acting wrongly in their position e.g. from employees, shareholders, creditors, regulators, customers, government – Find out more
- Cyber liability insurance – protection against losses caused by online fraud, one of the fastest growing crimes today – Find out more
- Professional Indemnity Insurance – protection against claims by your customers for losses caused by negligence by you or your employees – Find out more
- Engineering inspection policy– if your business involves the operation of plant and machinery including electrical installations, lifting and ventilation equipment or pressure systems then regular inspections are required to check they are operating safely within the relevant legal requirements. This policy covers the services of qualified professionals to inspect the plant and offer expert advice. – Find out more
