Security Insurance

Who needs Security Insurance?

Whether you’re in the business of CCTV installation, alarm installation or even building access control, you need insurance that addresses some of the unique challenges a business in the security sector could face. Employees working at height, damage at customers premises and the range of equipment used may endanger a member of the public, the types of risks you are exposed to can be. Real Insurance Brokers can get the security industry insurance you need to protect yourself, your staff and your business.

What is included on a security industry insurance policy?

Arranging your Alarm Company Insurance or CCTV Instalation business cover through Real Insurance Brokers means that we can work with you and tailor a policy that suits your business. Running a business in the security industry can have many risks attached to it, there are typically a number of essential covers that you may require.

Security Industry Public Liability Insurance

Public liability is one of the most important considerations for any business working within the Alarm or CCTV sector. By the very nature of your business you will be working where you are in contact with members of the public particularly where you are working on site.

Public liability insurance is designed to protect you in the event that a member of the public makes an accusation that they have suffered loss, damage or injury as a result of your business activity. Sometimes a claim is later dismissed or proven to be untrue, without having the neccessary cover in place you could have amassed significant costs in mounting your defense.

Public liability insurance can protect you by providing the legal defense costs . If the case is proven against you, and you are instructed to pay the claimant compensation, public liability could again cover the cost for you.

Talk to a member of our Mansfield based Specialist Business Insurance Brokers today.

What else should I consider when buying security industry insurance?

Employers’ liability insurance is a legal requirement if you have anyone working for you. And that isn’t restricted to full time staff on the payroll. Anyone, including casual labour and contractors can be deemed to be employees if they are working under your instruction, and you must have the right cover in place. Employers liability insurance is designed to protect you from the cost of defence against claims brought by an employee that they have suffered illness, loss, injury or worse as a consequence of the work that they undertake for you.

Beyond that, there is a whole host of other covers that are likely to be worth considering for your security installation business. These include things such as efficacy insurance which is a essential for Alarm Companies and CCTV installers. This covers losses where your installation has failed to activate, for instance where someone has gained access to a customers premises for example. Installers contractual liability, wrongful arrest, lost keys, professional indemnity and personal accident cover are all other options available to you.