When insuring your cash & carry business there is much to consider. Specifically you want to consider what type of cover you need and want. Like all businesses if you have employees you are required by law to get Employers Liability, other than that most insurance is there to protect you and ensure you can consider still trading even after a disruption. Your business insurance policy will include policies to suit your business requirements. This is how we are able to provide you with better rates as we do not assume that all or nothing applies to your business. We make sure we take the details on all of your associated risk so our cover will have the best policy wording and the cheapest market rates.
Commercial Combined insurance protects your business assets from a number of unforeseen losses including damage, theft, fire, natural disasters (such as floods and storms) and vandalism. This insurance provides cover for your buildings, machinery, business stock and equipment and all other contents within the building premises. No matter what size your business may be you need to protect your business from various risks and any other claims that might arise during the course of business. The purpose of commercial combined insurance is to integrate different types of insurance into one policy that covers all the important areas of your business.
Below we note some sections of cover we may expect you to require:
The Buildings and Contents of the Premises
Your contents (and if selected buildings) are insured against loss or damage caused by a standard range of insured risks normally associated with your trade including Accidental Damage. In addition cover is automatically extended to include:
Damage to Underground Services
Trace and Access costs
Removal of Debris costs
Architect and Surveyors Fees
Automatic Reinstatement of Sums Insured
Money and Personal Accident (Assault)
Covers your business money In transit, on premises during business hours, or in a bank night safe
In the business premises when closed for business or in the private dwelling
Personal Accident (Assault)
Death, Loss of Limb(s), Loss of Eye(s), Permanent Total Disablement £10,000
Total uninterrupted Disablement (up to 104 weeks) £100 per week
Damage to fixed glass and fixed items of sanitary ware.
Goods In Transit (OPTIONAL)
If you have selected this option your needs are those of a retail business that delivers or collects goods and requires cover on those goods whilst in the course of transit. Damage to the trade contents whilst in transit by vehicles owned hired or leased by you. This is not usual for a Bookseller but you may work at events and for such you may have an exhibition type stand and stock of some value.
The following can be included:
Employers Liability £10m
Legal costs and expenses