Insurance services

Tender description

In 1989 polytechnics and higher education colleges came out of higher education or public sector control and separate insurance arrangements needed to be put in place. Aon were instrumental in setting up scheme arrangements for various classes of insurance. All risks’ of physical loss or damage to property including: theft (following forcible and violent entry to or exit from the buildings) fixed glass subsidence money. 1) Loss or damage to insured property; 2) Failure of telecommunications system used in connection with the insured property caused by accidental physical damage; 3) Accidental failure or fluctuation of supply of electricity to the insured property; 4) Denial of access. Employers liability limits of indemnity overall limit: — 25 000 000 GBP any one claim terrorism, — 10 000 000 GBP any one claim asbestos, — 5 000 000 GBP any one claim public and products liability limits of indemnity public liability, — 15 000 000 GBP any one occurrence products liability, — 15 000 000 GBP any one occurrence and in the aggregate pollution liability, — 15 000 000 GBP any One occurrence and in the aggregate terrorism, — 10 000 000 GBP any one occurrence. Cover comprehensive including windscreen. Categories of plant insured plant categories full details of plant and situations are contained in the schedule of plant to be inspected under your inspection contract. Cover Sudden and unforeseen damage to the plant including breakdown, collapse or pressure explosion limit of liability 1 000 000 GBP any one incident or series of incidents arising from a common cause unless otherwise stated 3 000 000 GBP in respect of own surrounding property. Property electrically mechanically or manually powered implements materials containment preparation and handling equipment scaffolding staging ladders portable buildings including fixtures and fittings. Cover legal liability under the terms of a hire agreement or otherwise to pay compensation for loss of or damage and continuing hire charges for property hired-in by or on free loan to you whilst at any situation or in transit (other than by sea or air) in the territorial limits. Limit of indemnity Any one incident or series of incidents from a common cause 500 000 GBP goods lifted 10 000 GBP excess loss, damage or continuing hire charges £250