Business insurance solutions for your small retail business
As the owner of a small business, you’ll know better than most that having business insurance in place is absolutely non-negotiable.
In fact, in these uncertain times, you really need a business insurance partner who will be there for you, every step of the way.
A dedicated insurance partner, on standby 24/7
Most South Africans see OUTsurance as a direct short-term insurance company that does business by means of a call centre.
Many do not realise that OUTsurance also has a dedicated team of Business OUTsurance brokers who can meet with business owners in person to discuss their individual business insurance requirements in more detail.
Your Business OUTsurance broker will act as your single point-of-contact with OUTsurance and will be able assist with everything from requesting quotes, updating your cover, and assisting you throughout the claims process.
Retail insurance products, tailored to your needs
So, here’s a list of typical insurance solutions for small retail businesses.
Remember that these are only a few examples and that your insurer or broker will be able to advise you on the best possible combination for your specific business.
- Stock: Cover your stock against loss or damage caused by acts of nature, fire, or theft. The same goes for shoplifting or even theft by your own employees. You may also want to add goods-in-transit cover to cover stock that you are transporting. Deterioration of stock can also be insured.
- Buildings and contents: You’ll need to insure the fixtures and fittings of your business as well as the physical structure against possible loss or damage. Your contents cover will see to it that all of the items inside the building (e.g. shelving, fridges, freezers) are covered against accidental damage. Also, make sure to ask your insurer about cover in case of mechanical breakdown.
- Accidental damage: You can cover all of the assets inside your building against accidental damage – this includes your stock and contents.
- Items you use outside the office: You can get All Risk cover for portable items that you use outside of the office or away from your premises (e.g. cellphones, laptops).
- Electronic equipment: Make sure to get proper cover for all your electronic equipment, such as point of sale systems, sound systems or time and attendance systems.
- Business interruption: Chat to your insurer about the options available to cover your business against financial loss after the interruption of your business.
- Public liability: Enjoy cover in instances where you can be held legally liable if someone is injured on your premises.
- Money: You can also cover money held on your premises after business hours or while in transit.
- Vehicles: Make sure to put comprehensive insurance in place for all of your business vehicles.
Complete the form above for a quote or to request an appointment with your own, dedicated Business OUTsurance broker.
OUTsurance is a licensed insurer and FSP. Ts and Cs apply.
Loading ...