XL launches new combined product for UK businesses
The XL Group has launched a new combined product incorporating liability, property and business interruption covers.
XL Commercial Advance, for UK businesses with a turnover of up to £250m, combines cover for property, business interruption, money, employers’, public and products’ liability and other extensions.
It is aimed at a wide range of industries from manufacturing and engineering through to retail, leisure and real estate.
The policy incorporates a “Back to Business” clause which pays up to a maximum of £5m shortly after the loss, with 50% of the estimate of a property damage claim and a defined amount
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