Small Businesses
Tech Companies
Motor & Fleet

Policy

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Liquidated Damages Exclusion

This exclusion removes cover for payments under penalty clauses or performance guarantees in a contract, such as a per-day charge for late completion. Insurers protect you against unforeseen accidents, not business risks you choose to accept in a contract.

Related Term

All Category

This exclusion removes cover for payments under penalty clauses or performance guarantees in a contract, such as a per-day charge for late completion. Insurers protect you against unforeseen accidents, not business risks you choose to accept in a contract.

Related Term

All Category

We are digitising commercial insurance and risk management for small, mid-market and technology businesses. We work with a global network of underwriters, challenging legacy brokers and delivering market leading coverage to our customers.