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Security

Our specialist commercial product designed specifically for security and alarm companies.

Please refer to the policy wording for full details of cover and applicable terms and conditions.

Overview

Exclusively Security provides cover for business activities including liability for inefficacy specifically for security and alarm companies. It offers a focused range of covers with the flexibility to add extensions to suit each specific risk.

Who is it for?

Businesses involved in manned security guarding, alarm installation and maintenance, CCTV installation and maintenance and fire extinguisher supply and maintenance.

Commission

Variable commission of up to 30% available

Minimum premiums

Minimum premiums start at £400 plus IPT

How to get a quote

Via our underwriters in Manchester and London

Cover

Standard package provides

CoverExclusively Security
Public and Products Liability limits of indemnity up to £5 million. This protects the business for legal liability to customers and third parties, including liability for inefficacy and contractual liability
The following cover extensions are also included
  • Professional Indemnity (limit of £100,000)*
  • Wrongful Arrest (limit of £25,000)*
  • Loss of Keys (limit of £10,000)*
  • Financial Loss (limit of £50,000)*

*Higher limits are available upon request.

Optional covers available

CoverExclusively Security

Employers’ Liability

  • Limit of indemnity of £10 million

This protects the policyholder by providing cover for legal liability in respect of injury sustained by any employee, arising out of and in the course of their employment.

Fidelity Guarantee

  • Limits up to £250,000

This covers the policyholder for direct loss of money or goods belonging to the policyholder or their customers, caused by any act of theft committed by employees.

Money
  • Limits up to £10,000

This provides cover against legal liability for loss of, or damage to, consignments of money belonging to customers of the policyholder, from the time that the policyholder accepts responsibility in writing for each consignment of money until acceptance in writing by the customer or other consignee.

Excesses

CoverStandard Excess
Public Liability (property damage) £250
Products Liability (property damage) £250
Inefficacy and Contractual Liability (property damage)
  • £1,000 in respect of losses caused by theft or malicious persons
  • £1,500 (minimum) in respect of losses involving security guarding companies responsible for guarding car compounds, car parks and building sites
  • £500 in respect of all other losses
Products Inefficacy (property damage)  £500
Wrongful Arrest  £100
Loss of Keys  £50
Financial Loss  £500 (or the first 10% of each and every claim, whichever is the greater)
Professional Indemnity  £500
Money  £100
Fidelity Guarantee  £250

 

Benefits

Policy benefits

BenefitExclusively Security

Competitive premiums and terms for target risks with proven claims experience

Yes

Direct access to experienced underwriters

Yes

Variable commission of up to 30% available

Yes

 

Risk appetite

Trades we are particularly competitive on

Businesses involved inExclusively Security
manned security guarding Yes
alarm installation and maintenance Yes
CCTV installation and maintenance Yes
fire extinguisher supply and maintenance Yes

Literature

Exclusively Security

 

Latest news

23 April 2012

Get to know the Exclusively range

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20 April 2012

SME e-trading shifts into top gear

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Groupama Insurances is a trading name of Groupama Insurance Company Limited. Authorised and regulated by the Financial Services Authority. Number 995253,

Registered in England Registered Office: 6th Floor, One America Square, 17 Crosswall, London, EC3N 2LB. VAT no: 504 6841 54.

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