Why brokers choose ARMD
We deliver on our promise with a superior product & technology
Self-service digital claims procedure guides your customer step-by-step through the process to ensure their claim is complete whilst auto-calculating the claim value based on the tools selected from their inventory.
An ancillary product that is easy to cross-sell when offering other cover
ARMD tool Insurance is the perfect ancillary product that enables you to easily increase the level of protection benefits and added value to your trade customer.
ARMD tool insurance benefits and exclusions
This product is for Permanent U.K. residents who are Tradespeople, Mini-Fleet & Fleet Owners/Operators, wanting to protect their tools for up to GBP 10,000 for cover in transit, whilst loading and unloading and whilst stored securely overnight.
Benefits
- Theft, loss, damage, and fire cover for business tools while being loaded, unloaded, or carried in the insured's vehicle, or while stored in a locked building or purpose-built store.
- The cover is based on the market value of each item, so insureds only pay for the cover required.
- It allows specified items to be listed and recorded in an inventory which assists in the event of a claim.
- Goods used for demonstration purposes are included.
Exclusions
- Theft from vehicle if not properly secured and items are not out of sight.
- Hired in equipment.
- Deliberate or intentional acts.
- Damage while tools are in use.
- Theft or damage to your own personal effects.
- Wear and tear.
- Theft or damage without evidence of forcible and violent entry.
- General policy exclusions and excesses, detailed in the policy documentation.
This product is NOT for Hobbyists/DIYers, Non-U.K. residents.
Meet the Team
Devin Chawda
CEO
Alan Hickman
Insurance
Duncan Jackson
Commercial
Mark Hands
Business Dev
Stephen Holland
Marketing
Bernard Granados
Technology
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