Shop and Retail Insurance that is unique to your business
Every business is different, which is why your insurance cover needs to be specific to your needs. There is a lot to consider when choosing the best type of insurance, we can help guide you through this process and create a bespoke package that will give you peace of mind.
What is Shop and Retail Insurance?
Whether your business is online or on the high street, we’ve got you covered with our business insurance for retailers. A shop insurance policy or retailer insurance policy provides comprehensive business cover in one single policy that comprises a range of key covers highlighted below.
Who we can cover
We cover a variety of shop and retail establishments, which are highlighted below:
What are your cover options?
There are various forms of cover available that will protect your business. Many businesses wish to protect the premises, their contents and stock, income as well as its employees. Below are some of the options available:
Building and Contents Insurance
This would cover the cost of repairs to the structure of a building, and rebuilding if required. Protecting of stock and equipment is a key element to a shop and retail insurance policy, covering against theft or damage, furnishings and fittings, computers, till systems and other business equipment.
Employers and Public Liability
It’s a legal requirement to have employer’s liability if you have any staff, protecting them if any injury occurs or illness whilst working. Public liability will cover anyone who is injured at your shop or their property or belongings are damaged.
Business Interruption Insurance
This type of insurance will protect any income that would have come in if your business had to close, mainly down to fire, flooding, etc. The policy’s main objective is to cover the cost that will get your business trading again.
Seasonal Increase Insurance
Many retail businesses have key periods of the year where they are busier than usual. This option is great for shops and retailers that see fluctuations throughout the year. You may hold more stock during the Christmas period, for example. This will insure these seasonal increases of stock up to the amount allowed by your insurer, so that if anything were to happen to them, you’d be financially covered and compensated.
Cyber claims unfortunately have been increasing year after year and it seems it’s only going to grow. Therefore we always recommend this type of cover as most retail businesses hold sensitive customer data and process payments online. Cybercriminals are always finding new ways to hack into your systems, most commonly through opening an attachment in a fake email. If this happens and they get their hands on your data or access to your bank account, the impact on your business could be devastating.
At Cleddau Insurance we provide –
Bespoke Cover – Providing cover that will give you peace of mind
Market Range – Access to over 100 of the UK’s leading insurance companies, some of which you won’t get access from anywhere else.
Integrity – Delivering quality service that has been trusted for over 25 years
Here are some other additional benefits of using an insurance broker like Cleddau –
So why not call us today for advice on your insurance needs or fill in the details on the form and we can get back to you with an instant quote.