STEP
8 |
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Application for
Cover |
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Here is a letter written
by William Buckhurst, the Company Secretary, asking the insurance
brokers to arrange cover for the new extension to the factory, which
is almost finished. |
|
|
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July 4,
2005 |
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The
Everest Insurance Co. Ltd.
325,
Buxton
Avenue
London, E.C.1 |
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Dear Sirs, |
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We
would like you to arrange the necessary insurance covers for the new
extension which has been built on to our existing factory. The builders
inform us that the work should be finished by
August 20,
and we would like you to arrange for us to be covered from that date. |
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Will you please, therefore, send us quotations for the
following insurances in order to bring the new building into line with
the rest of our insurance. |
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RISK |
AMOUNT OF INSURANCE |
PREMISES AND PROPERTY |
|
Fire |
£120,000 |
Factory extension. |
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Fire |
£120,000 |
Factory extension contents including machinery |
|
Burglary |
£30,000 |
Additional stores in new building |
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We presume that for staff working in the new extension,
the insurance we already have covers all risks to personnel. We should
be glad, however, to have confirmation that the present policy can be
adjusted to apply to the additional premises. |
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We
should be glad if you could let us have the quotations as soon as
possible. |
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Yours
faithfully, |
|
William Buckhurst
Company Secretary
HARPER & GRANT LTD. |
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