Book Debts insurance

Your business is important, let us help you protect it

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Book Debts Insurance

Book Debts Insurance covers the cost of reproducing records and chasing debtors following the destruction of accounting records following an event. Imagine a serious flood or fire devastating your business: initially, you may just be concerned with replacing your damaged property and resuming business as quickly as possible; soon, you will also appreciate the importance of restoring your lost records and chasing outstanding invoices. This is where book debts insurance can help.

Book debts insurance is closely linked to other types of insurance policies, such as:

Business interruption insurance
Commercial combined policy
Commercial package policy

Your business is important, let us help you protect it

What should my book debts insurance cover?

Many policies can be extended to include a range of benefits such as:

Payment of fines & penalties

Payment of ransoms & extortion

Cover for lost or disrupted income

Cover for physical injury/damage

The cost of phone hacks

Cost of notifying your contacts

Incidents at your outsourced service providers

Social media risks

What else might my business need?

If you want to insure your debts against a customer or contractor defaulting on a payment or going bankrupt or want to insure against a tenant failing to pay their rent, then you should speak to us about these types of insurance as well.

Book Debts insurance

Your business is important, let us help you protect it