Towergate Wilsons

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Service (non-public) funds insurance
  • Overview

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Service (non-public) funds insurance

Towergate Wilsons are the specialist provider of commercial insurance for non-MoD funded property and enables us to offer you a comprehensive policy that matches your requirements.

Towergate Wilsons have been providing this type of insurance in the Service Funds market for over 40 years. We have an expertise record unmatched by any other provider. Due to the specialist nature of this type of insurance, other insurers and intermediaries have not been able to sustain their products for any significant period. Our long experience in the Service Funds market together with the support of the Towergate Underwriting Group means we have been able to provide continuous premier service standards and policy cover enhancements throughout that time.

Key features

  • Buildings and contents cover
  • Financial risks including employee dishonesty, money, book debts, earnings and direct debit indemnity
  • Automatic seasonal increases for stock
  • Automatic cover for purchases up to £5,000
  • Business interruption
  • Employers liability indemnity
  • Public liability indemnity
  • Extensions available to cover Event insurance, Battlefield Tours etc

When negotiating the updates to our Service select policy which come into effect from 1st February 2010, we have been able to secure a concession to the normal exclusion relating to losses due to war. Service Select now has an area of cover that we believe is unique in the Service Funds insurance market as it now includes loss due to War Risks up to £2,500 in respect of any single occurrence. Whilst a new policy will be provided for existing clients at their next renewal we are pleased to confirm that this extension to the policy cover will take immediate effect for all our customers.

Read an outline guide to service funds insurance.

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