Tools of trade insurance provides cover for your tools and equipment
What you’re covered for:
The policy provides cover against loss, destruction or damage to general property and tools of trade, caused by any of the following events;
- Accidental damage - sudden and unforeseen loss of or damage to property not directly or indirectly caused by or arising out of:
- Fire, theft, malicious damage, and perils
- Water from or action by the sea, tsunami, tidal wave, high water and flood
- Mechanical, hydraulic, electrical or electronic breakdown, failure, malfunction or derangement of any machine or electrical or electronic device
- Moths, termites or other insects, vermin, rust or oxidation, mildew, mould, contamination or pollution, wet or dry rot, corrosion
- Wear and tear
- Burglary - theft or attempted theft
- Fire and lightening
- Flood - water escape of liquid or been released from a lake, river creek, reservoir, canal or dam.
- Malicious damage - damage to property caused by malicious persons.
- Perils - Physical loss or destruction or damage to property caused by:
earthquake, storm or impact by: vehicles designed primarily for use on land or animals.