What is Commercial Combined Insurance?

A Commercial Combined Insurance (CCI) policy is often the bedrock of a company’s insurance cover. Essentially a CCI policy combines the policy you legally require, Employers’ Liability, with the policies almost all businesses need such as Public and Product Liability, Property Damage (Building, plant, stock) and Business Interruption.

What exactly do the individual components cover?

Employers’ Liability is required by law if the business has any employees and provides cover if anything happens to their employees as a result of their work.

Public Liability covers compensation payments and legal costs if a member of the public (customer, supplier, or passerby) is injured or suffers damage to their property.

Property provides cover in the event of theft or damage to any contents, machinery and plant or fixture and fittings in your building.

Business interruption insurance covers you for loss of income during periods when you cannot carry out business as usual due to an unexpected event.

Product Liability provides cover if one of their customers or member of the public becomes ill or suffers an injury because of a product they’ve supplied.

What isn’t covered by a commercial combined policy?

Whilst most insurers cover those areas listed above, they all have slight variations in their policy wording. Most will include Legal, some will include Cyber and Goods In Transit is normally an add-on option. The largest area which generally needs addressing separately to the CCI policy is Fleet, and for professional services businesses, Professional Indemnity is also significant.

What is the benefit of a Commercial Combined Insurance Policy?

You could of course cover all your risks with individual policies but wrapping up these common policies saves on administration (for you and the insurer) and is generally more cost effective too!

Why work with Pelican?

All businesses have unique risks and practices, and we have the experience in our team to truly understand your business and find the optimum cover.

We work with local businesses from small trade operations to companies with turnover exceeding £50M and go the extra mile to secure a great deal for you. When you need to make a claim, we have the knowledge and experience to help fight your corner and secure a fair outcome.

Finally, of course, you would receive the legendary friendly and exceptional service from the fabulous team at Pelican!