Property owner

A schedule in this class that does not show one of these raises the finding "usually held in property owner, not on this schedule". Absence is a question, not a fault: the cover may sit inside another policy or have been declined on purpose.

• Property
  Physical loss of or damage to your buildings, plant, stock and contents from fire, storm, water, impact, theft and the other insured perils, up to the sum insured.
• Business interruption
  The gross profit or revenue you lose, and the extra cost of keeping the business going, while property damage stops or slows you, for the indemnity period the policy states.
• Public liability
  Your legal liability to third parties for injury or property damage arising from your premises and operations, and in the AU and UK combined form for the products you sell.
• Machinery breakdown
  Sudden and unforeseen mechanical or electrical failure of plant and machinery, the repair or replacement cost, and where extended the profit lost while it is down.
• Glass
  Breakage of external and internal glass, signs and shopfronts, with the cost of temporary boarding.

Raises the finding "often needed in property owner and often lacking, not on this schedule". Worth a written answer either way, so a retained exposure is a recorded decision.

• Environmental and pollution liability
  Clean-up costs, third-party injury and damage, and defence costs arising from pollution conditions at, from or caused by your sites and operations, including the gradual pollution most liability policies exclude.
• Terrorism
  Property damage and business interruption caused by an act of terrorism, which the standard property policy excludes; in AU a statutory pool reinstates it, in the UK a mutual, in the US a federal backstop.
• Cyber
  Your own costs after a security incident (forensics, notification, restoration, business interruption from a network outage, extortion) and your liability to others for the data and systems you failed to protect.
• Directors and officers
  Defence costs and damages when directors, officers and (under management liability) the company itself are pursued for a wrongful act in managing the business: regulators, shareholders, creditors, employees.
• Workers compensation (statutory)
  Medical costs, weekly payments and lump sums for employees injured at work or made ill by it, under the scheme of the state or country where they are employed.
• Contract works
  Physical damage to the works under construction, materials on site and in transit, temporary works and existing structures, for the contract period and defects period the policy states.

Check your schedule against this class

Paste the schedule with a first line industry: property owner, or pick the class from the list, and the register names the lines from these two tables that the schedule does not show, beside the arithmetic on every line it does. Six lines free, no account.