Whether online or on the high street, we’ve got you covered
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Appetite
Our shop package product has been designed to cover the majority of independently owned retail businesses, with a turnover up to £5 million.
Our product covers a wide footprint of shop and salon trades including:
- Grocer
- Bakery
- Gift Shop
- Wine retailer
- Menswear retailing
- Shoe retailing
- Hardware retailing
- Florists
- Post Office
- Supermarkets
- Sports Goods retailing
- Newsagents
- Hairdressers
- Barbers
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Highlights
We offer a wide range of cover in a standard package and include trade specific extensions, such as the hair and beauty treatment risk extension. We give a generous range of additional covers as standard – here is a sample:
- Theft damage to buildings
- Theft of keys
- Seasonal increase
- Loss of attraction
- Named diseases
- Prevention of Access
- Trace and access
- Essential employee
- Lottery winners
Our policy is 'average' free.
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Key product benefits
We’ve got all the covers you’d expect but the following is where our Shop cover really excels:
- Our property covers are average free (material damage, goods in transit, deterioration of stock and specified items all risks).
- Capital additions up to £500,000 or 10% of the sum insured for buildings and contents whichever is the lesser.
- Exhibition cover included up to £10,000.
- Trace and access cover up to £25,000.
- Business interruption £2 million limit given as standard (24 month indemnity period).
- Essential employee up to £10,000.
- Loss of attraction up to £25,000.
- Money on premises during business hours limit £7,500 (option to increase).
- Deterioration of stock cover £10,000 as standard (limits available up to £15,000).
- Good in transit £2,500 given as standard (limits available up to £15,000).
- Public and products liability £2 million standard limit (limits available up to £10 million).
- Employer's liability £10 million.
- Court attendance costs £750/week directors and partners, £250/week employees.
- Hair and beauty treatment cover given as standard.
- Optional covers available include Specified All Risks, Loss of licence, Personal accident, Terrorism, Employee dishonesty and Legal expenses.
- Access to our Cyber Protect Helpline which offers expert digital forensic advice following cyber crime and DAS legal helplines.
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Documents
