Fashion your own Clothing and Accessories Retail Insurance policy

If your building is damaged due to an insured event, for example by flood or fire, your buildings insurance will help you cover the costs of the repairs. It can pay for clean-up costs and architect’s fees.

Equipment breakdown cover (for items forming part of the building) is included as standard, so if your equipment breaks down and you need to repair or replace any items, this policy will cover the costs. Equipment could include boilers and fire/burglar alarms. The breakdown must not be due to wear and tear.

Whether you work out of a brick and mortar retail space or from your back bedroom, if your working premises became unusable due to an insured event like a fire or flood, business interruption will cover the extra costs of temporarily setting up elsewhere. It also covers lost turnover for the period when you couldn’t trade.

We can also cover you if your main customer can’t trade because their building is damaged, resulting in a loss of profit for you.

Our business interruption cover can insure you if you or one of your key employees becomes seriously disabled and is unable to continue work. We will cover the incurred costs, up to £25,000, to minimise any interruption to the business.

If you hold customer data when you take payments online, or rely on computer systems to work, you should consider cyber insurance. We cover you for the cyber security risks your business might face. This includes the costs you face as a result of cyber crime, compensation and defence costs for a data breach or unintentional transmission of a virus, as well as loss of income following a cyber attack and the cost of responding to a cyber ransom demand.

We also provide access to specialist support for PR and crisis management, IT forensics and data recovery specialists, identity theft assistance and specialist advice to prevent viruses or hacking attacks after an incident.