insurance News
Business Equipment Cover on Home Insurance
Aviva the insurance provider will be extending its home contents policy to cover business equipment.
The release of statistics from the future foundation showed that a quarter of the working population will be based at home by 2020; this is what the company based its decision on. Contents insurance will provide cover for loss or damage to office equipment and furniture up to the value of £5,000.
The company made the decision following the release of statistics from the Future Foundation, which showed that a quarter of the working population will be based at home by 2020.
“We recognise the growing trend in home working and that for many, working from home requires additional investments that need to be protected. Said Julie Fromant, home lifestyle manager at Aviva UK she added “We felt it was right that this should be covered as standard, as part of the home contents policy, and hope this provides extra security for home workers in the UK.”
The cover is available to all new and existing customers when they renew their home insurance policy.
Figures released by the Trades Union Congress in May of this year showed that 3.5 million people in the UK work from home.