UK – LV Broker reinforces SME product range

LV Broker has revamped its commercial SME product range with an enhanced offering available for the residential and commercial property owners sectors.

 

The commercial property owners policy now includes increased cover for capital additions, fly tipping, theft, damage to the external fabric of the building, bee and wasp nest removal and loss of metered supplies. The residential property owners policy also includes cover for the above, but with varying limits reflecting the likely level of cover required.

 

There have been more than 100 enhancements across the SME product range, including increased extension limits under the property and business interruption covers and an increase in the limit of indemnity under the equipment breakdown cover from GBP 500,000 to GBP 1 million.

 

The updated range will be available to new customers from the 1st of September and existing customers from 1st of October.

 

The products will be updated automatically with the new cover levels on renewal.

 

Kevan Aubrey, head of commercial distribution at LV Broker, stated: “By tailoring the cover to each individual sector we are able to ensure our products provide the cover that brokers’ clients need.”