All figures should represent the full value as at the renewal date of the policy. Allowances for inflation for past years should be made.
Buildings
The cost of rebuilding a property in its existing format including an allowance
for site clearance, professional fees. You should include walls gates fences
outbuildings extensions annexes gangways car parks yards paved areas drives
swimming pools and associated apparatus. Includes landlords' fixtures and fittings
in the case of leased premises.
General Contents
Business and medical equipment, machinery, plant fixtures, fittings,
consumable stock, and all other contents (documents, books, computer
system records patterns). Designs, prints, paintings (not exceeding £1,000 per
items) in the buildings, which belong to you, excluding money and any other
items more specifically defined.
Wages
Gross wages without deductions for employee's contributions for National
Insurance, income tax, holidays with pay or contributory pensions include all
overtime bonuses, commission or other payments. Please include all payments
to working directors, managerial staff, labour only sub-contractors, selfemployed
persons, persons engaged under work experience schemes and
payments for persons hired or borrowed.