Shop Insurance insures you against most risks such as flood and fire for the cost or repair or rebuilding. Even risks such as terrorism or subsidence can normally be purchased as optional extras for added security from most insurers.
A package policy that will typically include the following:
Buildings insurance covers the main structure of your property. If your building were to burn, or be damaged by extreme weather, your buildings insurance policy covers the costs of rebuilding or repair. For further information on setting the correct Buildings Sum Insured, or if you need a professional valuation, please contact us.
Required by law if you have employees, employers liability insurance protects you from claims from staff who have been injured or made ill at work through the fault of your business.
The nature of your business means that customers will be visiting your premises to shop, and if they happen to have an accident and injure themselves whilst there, you might end up facing a claim if it was your fault.
A customer might, for example, trip on a carelessly discarded box or item that has fallen from an overstocked shelf. If they hurt their back, or put their hand through a glass display resulting in a serious injury, they are likely to try to claim compensation.
Public Liability Insurance covers such claims and usually any legal expenses involved.
Products Liability covers accidental injury to the public or accidental damage caused by products supplied by your business.
Provides All Risks cover for loss or damage to trade contents.
Designed to help you keep your business going if it is interrupted by a cause covered by the Trade Contents section. It covers loss of Gross Profit due to a reduction in turnover.
Covers breakage of fixed, plain and wired glass and sanitary fittings.
Covers Trade Contents whilst in transit by vehicles owned, hired or leased by you.
If you store cash on site, this can also be insured against theft. You can even add on theft by an employee.
Benefits are payable for injury sustained during robbery or attempted robbery.