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Material Damage Insurance

Damage to your business’s physical assets can pose a significant financial risk, so it is essential to help mitigate these risks with Material Damage Insurance.

Material Damage Insurance provides coverage for physical assets that are critical to a business’s operations. This type of insurance protects businesses from losses resulting from accidental damage to property such as buildings, machinery, equipment, stock, and other tangible assets.

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Material Damage InsuranceWhat does it typically cover?

Material Damage insurance provides loss or damage to insured physical assets. Physical assets include:

  • Buildings 
  • Contents 
  • Internal/external fitout
  • Plant and equipment 
  • Stock

Material Damage InsuranceWho should consider it?

Material Damage Insurance is essential for any business that relies on physical assets to operate. It is especially important for:

  • Manufacturing and Industrial businesses that rely on plant and equipment for production and operations.
  • Retailers and wholesalers that hold significant amounts of stock for resale.
  • Property owners who need to protect their commercial buildings from damage.

We want you to have the right cover for you and your business. For more information on Material Damage Insurance or other insurance solutions, contact our team of specialists today.

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Call us on 0800 378 6328

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