Business insurance

Business insurance

Being the boss can be exciting and rewarding, and as a business ourselves, we appreciate the responsibilities and risks that can come with becoming and staying successful.

Protecting your business against property loss or damage is important, but have you considered the importance of your most valuable asset – yourself and the people you rely on?

Take ​charge of your business

The loss, or temporary loss, of key people can have a noticeable impact on any business and can even cause it to fail. We believe you should have the freedom to choose a plan that suits your circumstances and protects your business and team from the unexpected consequences of illness, injury or death.

We can help you with a wide range of business insurance solutions, whatever the size and nature of your business; from those who are newly self-employed, to those in rural business.

Sovereign business insurance solutions

Guaranteed Enhancements/ongoing product enhancements

What is the Guaranteed Enhancement Benefit?

We regularly review our TotalCareMax products to ensure that they continue to meet your changing needs.

Our Guaranteed Enhancement Benefit ensures that you automatically benefit from all products enhancements without having to re-apply for cover.

How does it work?

At claim time, Sovereign will compare the enhanced section in the latest version of the policy wording with your policy wording and will apply the section that is most favourable to you. Any underwriting exclusions or special terms that apply to your policy will not be altered by any enhanced section.

Please note that enhancements apply to new claims where the claim event date occurs on or after the date that the enhancement was introduced.

Where can I find more information about the latest enhancements?

Please speak with your adviser or follow the links under ‘Sovereign personal insurance solutions’ to learn more about the latest enhancements for your chosen product.

Disclaimer: The availability of any insurance cover is subject to your application being approved. For full details, refer to the policy document which is available on request from Sovereign. Applications are subject to individual consideration. Special conditions, premiums, maximums and exclusions may apply.

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The information contained on this website is general in nature and is not intended as advice. It may not be relevant to individual circumstances and before making any investment, insurance or financial planning decision; you should consult a professional adviser. Copies of our disclosure statements are available on request, free of charge.