Material Damage (also referred to as Office and Contents)

In the same way that a household insurance policy would cover possessions owned by a policyholder, businesses require insurance against damage to or loss of property such as furniture, computers and specific items used in the performance of business’s clerical functions.

For protection against damage or loss to business specific equipment and machinery that is responsible for production purposes, firms require more comprehensive cover such as Machinery Damage, Business Machines Insurance or Computer Insurance.