Boutique Shop

If you run an independent shop full of gadgets and gizmos a-plenty, whozits and whatzits galore, then look no further for insuring your thingamabobs.

Below are a few things to look out for when arranging your Boutique Shop Insurance.

Do you have the correct stock limits?

Your stock can be seasonal and often changing in value dependent on the latest trend, calculate your maximum potential exposures and make sure that your stock sums insured is accurate. If you have seasonal increases just let your broker know so they can increase the stock values on a temporary basis.

Making your own products

If you make any of your own products ensure you have thought about your potential product liability and fully informed insurers of what you are making.

International Sales

Sometimes your products are so unique that you get requests to send products abroad, if the products cause any damage or bodily injury then claims could be made against you, make sure you have fully disclosed the splits in your turnover by country.

Coffee & Cake

We are seeing an increasing trend of merging a café with a boutique shop allowing customers to enjoy a complete shopping experience and relaxing with a coffee and homemade cake after. Just be aware any coffee machines may need to be inspected on an annual basis and that you have informed insurers that you have a café in your shop. If you are serving hot food you may need additional covers in place dependent on your food preparation method.

We’re here to help

We’re here to help and answer any questions you may have. Get in touch today to discuss how we can help make you risk resilient and provide financial wellbeing.

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The Guide to Risk Resilience During COVID-19

We’ve put together a handy guide to help give you some clarity during this uncertain time. Click the link below to access the guide as a free download and get in touch today to speak to one of our friendly advisors.