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Check on company policy for presents

Office staff are being warned to check their companies’ insurance policies before storing Christmas presents at work.

Insurance broker Caunce O’Hara says many staff use their lunch break to purchase Christmas presents, but companies’ insurance policies often do not cover against the theft of personal belongings.

Business development executive Keith Scowcroft advises people to check their company policy before spending money on gifts. He says: “Lots of people store presents at work to hide them from loved ones and we would normally expect a commercial insurance policy to include personal effects of employees.

“This is usually subject to a limit of £500 per employee but some shoppers may get carried away and find themselves spending much more. There may or may not be a forcible entry condition regarding theft so it is important to check the fine print.”

Scowcroft believes protection against theft can be avoided by being aware of potential risks and by checking with your insurance broker.

He adds: “The bottom line is to check before, not after.”

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