RSA has launched a new multi-cover Small Business Combined (SBC) product for businesses with a turnover of up to £5 million.

Designed to meet the needs of small wholesale, manufacturing and warehousing businesses, it offers multiple covers under one package including property damage, business interruption and liability. It is one of the first products of its kind in the SME insurance industry.

The product is well suited to a wide range of industries, particularly clothing manufacturers, printers, metalworkers, warehouse employees, woodworkers and manufacturers of paper-based products. It provides cover for businesses with a turnover of up to £5 million and up to five premises.

Its flexibility means customers can choose and pay only for the covers and limits that they require.

David Greaves, SME trading director at RSA, said: “This new small business combined insurance offering offers the flexibility and tailored approach that small businesses need. We are committed to providing the best range of products for our customers and constantly review our offering to make sure we are at the forefront of the SME sector.”