Shop & Salon Insurance
Shop insurance is a packaged business insurance policy designed to protect retail, commercial, and service-based premises against risks like theft, fire, and property damage. It commonly combines public liability, employers' liability, stock, and business interruption cover, tailored for high-street shops, cafes, and independent retailers.
Key Components of Shop Insurance
- Public Liability Insurance: Protects against claims of injury or damage caused to members of the public or their property while on your premises.
- Employers' Liability Insurance: Legally required if you have any employees (including part-time or temporary staff), covering them if they are injured at work.
- Stock and Contents Cover: Protects against theft, fire, or damage to your, fixtures, fittings, and inventory.
- Business Interruption: Covers lost income and expenses if your shop is forced to close due to an insured event like a fire or flood.
- Buildings Insurance: Covers the physical structure of the shop if you are responsible for it.
- Money Cover: Covers cash stolen from the premises or in transit.
Common Extensions and Optional Covers
- Glass and Signage: Covers damage to shop-front glass.
- Product Liability: Protects against claims for injuries caused by products you sell.
- Frozen Food Cover: Protects stock in freezers.
- Goods in Transit: Covers stock while being transported to the shop.
