Pharmaceutical

Insurance Packages for All Types of Pharmaceutical.

Welcome to Pharmaceutical Insurance from AIC.

Very few industries require such specific insurance like pharmacies. Growing regulations make it almost impossible for general insurers to provide a pharmaceutical insurance package that meets your businesses needs so that’s why we have teamed up with industry specialists to ensure you get the correct policy.

As with all of our insurance packages we have a simple straight forward approach; Use our quick quote to get a rough idea on cost or use the preferred full quote form giving us a more accurate pricing model. Alternatively if you wish to discuss in person then please call for an informal chat with one of our advisors – the click buttons below should help.

What is covered?

Buildings

Covering your building for all types of damage including flood, fire, vandalism, forcible entry & subsidence with the option to also add accidental damage.

General Contents

Covering all office/warehouse furniture, equipment et.

Computers & Electrical Equipment

Covering your work computers, hard drives, digital display or sound equipment..

Tenants Improvements

Covering all fixtures, fittings and furniture you have invested into the building/warehouse

Goods In Transit

Covering all of your or your customer goods whilst out on the road.

Money

Covering money within your business premises and also in personal custody or in transit.

Book Debts

Covering utility bills like gas, water, electricity & council tax should your premises become inaccessible for what-ever reason.

Stock

All types of trade stock can be covered

Public Liability

Our pharmaceutical insurance can cover against claims made by the public. Limits starting from £1m, £2m or £5 million and more if required.

Employers Liability

Compulsory by law if you employ staff and will cover any claim made by an employee. Standard cover is set at £10 Million.

Business Interruption

Covering your business in the event you are unable to trade for what-ever reason such as a fire, flood or explosion, loss of license. The policy will pay for loss of income or profits during this period.
How can you help to keep premiums down?
  • To see the incidents, helps insurers defend and fight your corner.

  • The more physical security the less the premium – simple Fire Alarm & Sprinkler Systems.

  • Insurers want to know you take this seriously when inviting the public through the doors of your premises – we have a helpful partnership formed for you with www.B-Safe.org.uk who are health and safety specialists, they offer a free visitation service which then highlights any shortfalls, and they help you rectify the problems whatever they may be.

  • Having a surveyor confirming the property is in good order is a real selling point to insurers.

Need help?

Talk to one of our friendly consultants to assess your needs and find a bespoke insurance solution to suit your business.

How to make a claim

Whilst you normally have an emergency phone number stated on your policy documents, we always recommend talking to your account handler first.

Accreditations and Awards
Frequently Asked Questions
  • We at AIC always recommend to air on the side of caution, and disclose everything to ourselves, and we can help you decide if this information needs to be told to insurers, which normally it does.

    There are different rules to follow from various sources, as an insurer may ask you to declare convictions in the last 10 years, whereas the rehabilitation act may dictate that you don’t need to declare it for more than say 5 years. DVLA may give you a different answer again for motoring convictions! Talk to one of our friendly consultants and let us help you.

  • Using a dedicated insurance broker provides benefits completely unseen when using a comparison site. With AIC, you’re afforded your own dedicated account manager who specialises in the cover you are seeking. Getting to know our clients is paramount to our customer service dedication and getting to know you AND your requirements is part of that. When you use a price comparison website, you are quite literally just a number and just a click-cost.

  • With any type of cover it is important to present insurers with all the information that will or could possibly affect the way they look at the risk. If this is not provided, insurers have the right to walk away from a claim, to change terms at the time of a claim, or reduce an amount paid depending on which law the insurance adheres to.

    A good insurance broker (like AIC) should not be afraid to ask the right questions of a potential policy holder, or suggest ideas that will help in the risk management of the cover in question. Insurance is there to help you in the event of a problem, and it makes no sense to cut corners on something so important. We’re here to help you!

  • We hate call centres as much as you! Our phones will never be answered by a call centre and only by a staff member. You only deal with your allocated account advisor, so you know who you will be dealing with every time you need to reach out to us.

  • There are two main ways you can pay your insurance: the full sum to cover the next 12 months upfront, or in 12 monthly instalments over an annual period.

    The major drawback to monthly payments is paying by instalment usually makes the total cost of cover higher than it would be if you paid in one go. This is because the insurance company is effectively lending you the money to pay the premium, so it will charge you what amounts to interest on the repayments you make across the year.

    By paying In full you are clearing your entire payment all in one go, meaning the insurance company won’t have to lend you the money and you won’t be due any premiums on the loan.

  • Great question and one we can of course help you with! Business insurance premiums are arrived at by the analysis of your likeliness to have a loss. When you apply for coverage, your information will be analysed by an underwriter who is responsible for determining whether or not they will consider writing a policy for you. Each business has completely different circumstances and we highly advise you to get in contact with us so we can understand and advise in the best possible way.

Talk to one of our friendly consultants to assess your needs and find a bespoke insurance solution to suit your business.

01442 24 24 00

7 High St, Hemel Hempstead, Hertfordshire, HP1 3AA

info@aicinsure.co.uk