Retail Insurance Broker | UK Online
Compare get indemnity™ retail insurance quotes from the wholesale market and save money
Get indemnity™ retail insurance
Retail insurance includes variety of covers designed for both retail shops and online stores
At get indemnity™ retail insurance quotes start at £365 annually or £30.42 monthly. Below provide some background about the covers available and explain how retail insurance can provide proection your business needs.
Get indemnity™ retail insurance
If an unexpected event occurs, being able to rely on your retail insurance can make all the difference. Product liability insurance is an important consideration for any supplier of goods, even if you don't manufacture them.
What is retail insurance?
The business insurance has been designed to mitigate financial risks and protect your retail shop or online store from unforeseen events.
Who needs retail insurance?
The below are just some of the retail activities that we can assist in identifying the most appropriate retail insurance:
Our product liability insurance guide offers a useful insight into your potential liabilities from selling products whether on the high street or online. Every retailer is different and will need to consider their own circumstances when deciding which insurance best meets their needs.
Upload your current retail insurance policy via our online application and we can identify any specific amendments designed for your business.
What liability and property risks is my shop exposed?
Retailers are exposed to a number of property and business liability risks. It is important to ensure you have adequate retail insurance should the worst happen.
Please note that product liability insurance is designed to protect your business should something unexpected occur, not to provide protection against purchasing products from dubious sources.
What if we sell our goods online?
With retailers becoming increasingly reliant on technology, consideration should be given to risks such as security and privacy breaches. What would happen in the event a cyber attack removed your ability to transact online and stole customer information?
How to compare retail insurance quotes?
The online process has been designed with our customers in mind, only recording material information to promote competition. Your retail insurance cost will depend on a number of factors, typically the size of your business measured by turnover and employee numbers.
Types of retail insurance explained:
The below guide identifies scenarios your company may face and the retail business insurance available to provide support and protection.
What would happen if.. |
Retail Insurance: |
What the cover does: |
|---|---|---|
| A product that your company manufactures or sells causes injury to a customer and they claim for financial compensation. |
> Product Liability > Commercial Combined |
Protects the company against legal costs incurred in defending the allegation; and damages from any award or settlement. |
|
A customer slips over on a wet floor and claims compensation after causing a serious injury. |
> Public Liability > Commercial Combined |
Protects the company against legal costs incurred in defending the allegation; and damages from any award or settlement. |
|
An employee is seriously injured at work and claims compensation after using defective equipment. |
> Employers Liability > Commercial Combined |
Protects the company against legal costs incurred in defending the allegation; and damages from any award or settlement. |
| Your business premises and stock were destroyed as a result of a fire. |
> Property Damage > Commercial Combined |
Protects your company’s buildings and contents (including options for stock) against loss or damage from a range of insured perils. |
| Your business was unable to trade as a result of a flood. |
> Business Interruption > Commercial Combined |
Protects against the loss of income from being unable to trade as a result of a range of insured perils. |
| Your business is facing insolvency and creditors pursue legal action against the directors. |
> Directors and Officers > Management Liability |
Protects the directors against legal costs incurred in defending the allegation; and damages from any award or settlement. |
| Your business receives a demand for financial damages after an alleged copyright infringement. |
> Corporate Legal > Management Liability |
Protects the company against legal costs incurred in defending the allegation. |
| You identify an employee has been stealing thousands of pounds of stock over the last few years. |
> Crime Insurance > Management Liability |
Protects the company against financial loss from the theft of property, money or securities by an employee. |
|
A problematic employee claims unfair dismissal and workplace harassment |
> EPL Insurance > Management Liability |
Protects the company against legal costs incurred in defending the allegation; and damages from any award or settlement. |
|
A hacker breaches your electronic security and steals thousands of your customer's details. |
> Cyber Insurance |
Protects the company against financial loss arising from security and privacy breaches. Can include first and third-party losses. |
| A criminal pretending to be a supplier reports their bank account has changed and payment is made to the wrong person. |
> Social Engineering > Crime Insurance |
Protects against the loss of income from being unable to trade as a result damage from a range of insured perils. |
This guide is for information purposes and based on sources which we believe are reliable, the general risk management and insurance information is not intended to be taken as advice with respect to any individual circumstance and cannot be relied upon as such.