Business and Retail Insurance Specialists, Est. 1976
Listen to Business and Retail Insurance explained by one of our directors
What Is Business and Retail Insurance?
Business Owners are well aware of the importance of having the correct insurance policy for their business. Business Owners not only have to think about insuring their stock or contents, but will also have to consider having the correct Liability Cover on the policy.
If you are a business owner, you should also consider having a Legal Expenses Policy in place. This can be added to the main business policy or taken out as a separate stand-alone policy.
Let’s take a look at some of the benefits of a Insurance Policy for a typical small or medium sized business.
To Discover What Business And Retail Insurance Is Either Listen To The Audio Above Or Read This Short Informative Article
Employers Liability:
It is a legal requirement if you employ someone to have an adequate level of cover attached to your main policy.
Although this will often come as standard, you may have to request this cover with some insurers.
Employers Liability is normally covered up to £10,000,000 and will ensure you have insurance in the event of an accident at work where an employee alleges you have been negligent.
Always ask that Employers Liability Insurance is covered when you take out this type of business policy.
Legal Expenses:
Having legal expenses cover as a business owner is something that should be considered.
Although not always standard on a business insurance policy, it can be added for an extra premium. The additional premium could be as little as £25 and can give up to £250,000 worth of cover for any one claim.
If your policy does not include this as standard, it would be worthwhile asking about adding a separate stand-alone policy.
The benefits of having this policy, may include a 24/7 Legal Advice Helpline, Tax Advice Helpline, cost in defending against criminal legal action or prosecution or customer disputes, to name a few. It gives greater peace of mind in a climate where litigation is all too common.
Stock:
For a retailer, making sure the stock is covered correctly is essential.
Loss of stock by theft or an accident such as a burst pipe can cause a business thousands of pounds in damage. Insuring your stock for the correct amount will give the ultimate peace of mind.
It is important to note that certain target stocks will need to be declared. This may mean Leather Goods for a Clothing Retailer or Wine & Spirits for an Off-Licence.
Many insurers will require a fully maintained theft alarm with evidence of annual servicing in the event of a claim for theft, for example.
Fire Cover :
Fire cover is standard cover.
Being one of the main threats to the very existence of a business, the conditions applied by insurers that are attached to this peril, must be taken seriously by all business owners.
All Electrical Inspections must be in perfect working order and be checked by a professional. This will allow for an Electrical Certificate to be produced, which will confirm the date of the next inspection, which is normally every 3 years.
Failure to have a current Electrical Certificate in place will result in Fire being excluded.
It is also important to have fully serviced and maintained Fire Alarm System in place – failure to comply with such a condition can also exclude fire cover at your business.
Why choose the Property Insurance Centre
Independent advice by approachable staff online or by phone
Access to a wide range of insurers to source suitable insurance cover for your needs
Bespoke Insurance Schemes & Portfolio Policies available
We can tailor your policy to suit your exact needs to give you complete peace of mind
Competitive Premiums
Cover available for the buildings while the property is being converted, renovated or extended
Over 40 years experience working with the best insurers in the UK
Excellent communication so that you understand what risks you are insured against
Why choose the Property Insurance Centre
Independent broker with staff you can speak to by phone or online
Access to a wide range of insurers to source suitable insurance cover for your needs
Bespoke Insurance Schemes & Portfolio Policies available
We can tailor your policy to suit your exact needs to give you complete peace of mind
Competitive Premiums
Cover available for the buildings while the property is being converted, renovated or extended
Over 40 years experience working with the best insurers in the UK
Excellent communication so that you understand what risks you are insured against
Why choose the Property Insurance Centre
Independent broker with staff you can speak to by phone or online
Access to a wide range of insurers to source suitable insurance cover for your needs
Bespoke Insurance Schemes & Portfolio Policies available
We can tailor your policy to suit your exact needs to give you complete peace of mind
Competitive Premiums
Cover available for the buildings while the property is being converted, renovated or extended
Over 40 years experience working with the best insurers in the UK
Excellent communication so that you understand what risks you are insured against
Specialists in Commercial & Residential Insurance
We have over 40 years experience as Residential and Commercial Insurance Brokers. We find the right policy to suit your needs and understand the risks that a property owner can face in the course of ownership. We work closely with our Insurers to get the best rates and our experience and excellent relationships with them mean that we can provide cover for even the most difficult to place risks.
Whether you have an adverse claims history, a high value property or a large portfolio of properties, we can source suitable cover for you. Whatever your requirements, we can tailor a specialist property insurance policy to suit your exact needs and provide you with a range of quotes to choose from. Established in 1976, we are not a call centre but a specialist insurance broker with a traditional office mentality, where the client comes first.
Looking for a quote now? Give us a call on 0800 085 3761 or complete one of our quote request forms.
We are also authorised and regulated by the Financial Conduct Authority and you can view our registration here.
Get In Touch:
[contact-form-7 id="12585" title="New Callback"]We accept most payment types including:
Robert Fisher is a company director of the Property Insurance Centre, who specialise in Business and Property Insurance, serving clients throughout the United Kingdom. His expertise and career in insurance spans almost twenty years.
Robert’s background is in Building Surveying, which he studied at Heriot-Watt University, where he was awarded a BSc (Hons) degree. Much of his educational background is in Building Structural Safety from an engineering perspective.
The knowledge that Robert gained at undergraduate level has lent itself well, particularly as it has enabled him to evaluate the risks associated with certain buildings. This means he knows how best to place these risks and ultimately insure the properties against such risks.
His in-depth knowledge of various methods of construction has enabled him to easily identify which insurer’s underwriting criteria would best fit each client’s needs and provide the correct levels of cover.
Additionally, Robert is responsible for training the team and ensuring that they are always kept up to date with the latest industry developments. This is an area that he is naturally drawn to because of his inquisitive mind, diligence and passion for passing on knowledge to others.
He is a member of the Chartered Insurance Institute (CII) and qualified to Level 3 with the CII.
As part of the Level 3 certification, Robert has undertaken modules in Insurance, Legal & Regulatory (IF1), Insurance Claims Handling (IF4) and Insurance Household Products (IF6).
As a condition of CII membership, Robert continues his professional development by keeping abreast of the latest industry developments.
Contents
- 1
- 2 Business and Retail Insurance Specialists, Est. 1976
- 3 Listen to Business and Retail Insurance explained by one of our directors
- 4 What Is Business and Retail Insurance?
- 5 To Discover What Business And Retail Insurance Is Either Listen To The Audio Above Or Read This Short Informative Article
- 6
- 7 Insurance under one roof
- 8 We are specialists in many types of insurance
- 9 Employers Liability:
- 10 Legal Expenses:
- 11 Stock:
- 12 Fire Cover :
- 13 Block of Flats
- 14 Unoccupied
- 15 Home Insurance
- 16 Residential Landlord
- 17 Land Liability
- 18 Commercial Property
- 19 Lockup Garage
- 20 Restaurant
- 21 Takeaway
- 22 Classic Car
- 23 Mixed Use
- 24 Tradesmen
- 25 Why choose the Property Insurance Centre
- 26 Independent advice by approachable staff online or by phone
- 27 Access to a wide range of insurers to source suitable insurance cover for your needs
- 28 Bespoke Insurance Schemes & Portfolio Policies available
- 29 We can tailor your policy to suit your exact needs to give you complete peace of mind
- 30 Competitive Premiums
- 31 Cover available for the buildings while the property is being converted, renovated or extended
- 32 Over 40 years experience working with the best insurers in the UK
- 33 Excellent communication so that you understand what risks you are insured against
- 34 Why choose the Property Insurance Centre
- 35 Independent broker with staff you can speak to by phone or online
- 36 Access to a wide range of insurers to source suitable insurance cover for your needs
- 37 Bespoke Insurance Schemes & Portfolio Policies available
- 38 We can tailor your policy to suit your exact needs to give you complete peace of mind
- 39 Competitive Premiums
- 40 Cover available for the buildings while the property is being converted, renovated or extended
- 41 Over 40 years experience working with the best insurers in the UK
- 42 Excellent communication so that you understand what risks you are insured against
- 43 Why choose the Property Insurance Centre
- 44 Independent broker with staff you can speak to by phone or online
- 45 Access to a wide range of insurers to source suitable insurance cover for your needs
- 46 Bespoke Insurance Schemes & Portfolio Policies available
- 47 We can tailor your policy to suit your exact needs to give you complete peace of mind
- 48 Competitive Premiums
- 49 Cover available for the buildings while the property is being converted, renovated or extended
- 50 Over 40 years experience working with the best insurers in the UK
- 51 Excellent communication so that you understand what risks you are insured against
- 52 Specialists in Commercial & Residential Insurance
- 53 Get In Touch:
- 54 We accept most payment types including:
- 55 UK Call Handlers & Dedicated New Business Team
- 56 Call Us on 0800 085 3761
- 57 Robert Fisher
