Properties and possessions

While the Compass park business commercial policy provides standard levels of cover for your private residences, contents and possessions, many park owners want or need a greater level of cover.

With this in mind, we can offer a specialist mid to-high net worth policy.

The Compass Private Clients Insurance policy can be tailored to your individual requirements, ensuring you’ll only pay for the cover you need. It offers exceptional, wide-ranging cover for your properties and your personal assets, covering everything from expensive jewellery and art to antiques and wine collections.

Key Features

Worldwide cover for contents including accidental damage

Theft of contents from unattended vehicles covered up to £10,000

Family Legal Protection and Home Emergency cover

Alternative accommodation expenses for up to 36 months

Up to £10m home owner, home occupier and personal liability cover

For your legal protection and support

Whether it’s true or false, defending yourself against an allegation can be very expensive, both in terms of time and money.

Our Directors & Officers policy provides cover for the personal assets and liabilities of anyone who is a director or officer of the park business.

Employment Practices Liability insurance is an optional extension and gives cover for claims made by employees against the company for employment issues, including allegations of harassment and wrongful dismissal.

Key Features

Cover for claims made for any actual or alleged error, misstatement, act, neglect, breach of trust or breach of duty

Legal representation costs towards any formal investigation by a governing body

Legal fees, costs and expenses for any alleged breach of health and safety regulations or corporate manslaughter

Cover for your spouse or civil partner

Options to include Employment Practice Liability and Pension Trustee Liability

Cyber-Security Insurance

Cover for your data and IT systems

The Compass park business commercial policy provides cover for key elements of data and IT systems. However, you may wish to strengthen your cover with a specialised policy, in particular if you:

  • Hold sensitive customer details such as names and addresses or banking information
  • Rely heavily on IT systems and websites to conduct your business, e.g. online booking systems
  • Process payment card information as a matter of course

Our Cyber insurance policy has been designed to help you protect your park business assets and your customers against cyber-related incidents.

Key Features

Cost of conducting an IT investigation following a data breach, security breach or damage to data

Legal liability claims arising from a data or security breach

Insurable fines and defence costs related to a regulatory action following a data breach

Loss of profit due to the availability of computer systems being impaired

Technical assistance with managing a breach

Legal Insurance

Cover for legal costs and expenses

Commercial legal expenses insurance is designed to help you get legal advice as early as possible – before a problem arises, such as an employment tribunal or commercial contract dispute.

However, should a more serious legal problem occur, it will provide cover for legal representation and cover for legal expenses if you need to take the matter to court.

It is designed to meet the needs of SME businesses which may employ staff but who have limited, or no in-house legal expertise.

Key Features

Employment disputes and compensation awards

Costs and expenses to defend your legal rights

Contractual disputes arising from agreements or alleged agreements for the purchase, hire, sale or provision of good or services

Civil disputes relating to property damage, nuisance and trespass and tenancy disputes with your landlord

Costs and expenses following death or bodily injury