What is charity shops liability insurance?
The charity shops liability insurance policy is designed to protect the policyholder against claims made against them in respect of their legal liability for personal injury or property damage arising during the course of their business activities. Liability for such injury or damage can arise for the charity shop from either third parties or from an employee of the policyholder. These potential liabilities can be protected against by a public liability and an employers liability insurance policy. These days it is prudent for all charity shops to ensure that they are properly protected against claims being made against them by third parties and if you employ people you are also exposed to the possibility of a claim being made against you in respect of your legal liability towards them as their employer.
What is charity shops public liability insurance?
The charity shops public liability insurance policy provides the policyholder with protection in respect of claims made against them for their legal liability for personal injury or property damage that occurs during the course of the business. Thecharity shop may have an action taken against them for the most spurious of reasons and the policy provides for legal defence costs in respect of the cost of mounting a defence to any such claim as well as meeting the legal costs of defending any action where the charity shopis found liable and in these circumstances will also meet the costs of any awards made in court against the policyholder. more If you supply a product or service you may also require product liability insurance alongside the public liability cover in order to protect you in respect of any legal liability for personal injury or property damage arising from the sale or supply of that product. more
What is charity shops employers liability insurance?
Employers liability insurance for charity shops protects the policyholder against claims made against them in respect of their legal liability for death disease or personal injury sustained by employees during the course of their employment. The standard limit of indemnity under the policy is £10M but other limits are available. more
What is the limit of indemnity under the charity shops liability insurance policy?
The limit of indemnity reflects the insurance company’s maximum liability in respect of any claim, or in the case of product liability the maximum in respect of any one claim and all claims during the policy year. For public liability you will decide upon the limit that you require and this will be decision based on your own opinion of your needs and also perhaps contractual requirements that are placed upon you. Limits start at £1M and are available commonly at £2M and £5M with higher limits available upon request.
How do I buy charity shops liability insurance?
You can apply on-line for fast quotes or you can call us direct or call into the office in Irish Town to discuss your requirements for charity shops liability insurance with one of our specialist liability brokers.