EJR Beads

Author Topic: Insurance  (Read 4390 times)

Ultraviolet

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Insurance
« on: June 28, 2011, 12:00:00 PM »
My insurance has lapsed and I need more any sugestions?
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shelleym

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Re: Insurance
« Reply #1 on: June 28, 2011, 12:27:30 PM »
I used to be with the National Market Traders Federation - they used to do reasonable priced insurance, but wouldn't cover me for jewellery in the house or anything like that so I changed and am now with GM Imber - just google them. They have quite a few different packages and their basic one is very cheap. If you are not sure which package is the right one for you it's worth giving them a ring. They have packages for craft workers and market traders as well as for teachers.

Shelley


Ultraviolet

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Re: Insurance
« Reply #2 on: June 28, 2011, 12:37:45 PM »
Thanks I will look them up. I think thats who I was with I didn't know about the house part though!
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shelleym

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Re: Insurance
« Reply #3 on: June 28, 2011, 01:51:55 PM »
Not all their insurances do the house part, but that's the cover I wanted so I gave them a call to sort it out.  I have a reasonably high value of jewellery and it wouldn't be covered under normal household contents as it's for business purposes. So I went with their more expensive option that way I'm also covered to and from shows in transit. Couldn't quite afford the extra to be covered in a marquee though, so I just leave my tables/stand overnight and pack the jewellery itself and take it back with me each night.

Shelley

ejralph

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Re: Insurance
« Reply #4 on: June 28, 2011, 01:56:29 PM »
I've been with Ian Wallace for years -

http://www.craftinsurance.co.uk/

Emma
Emma from Sunny Sussex, UK
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shelleym

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Re: Insurance
« Reply #5 on: June 28, 2011, 02:11:47 PM »
I've heard good things about Ian Wallace, for the basic stuff it's only just a tad more expensive - but much more when I wanted to cover the stock costs etc.

Shelley




ejralph

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Re: Insurance
« Reply #6 on: June 28, 2011, 02:19:50 PM »
yup - I'm only talking for public and product liability, not stock. I am sure if I shopped around these days, I could find a better deal. Just haven't bothered to and keep paying the premium when its time to renew.

Emma
Emma from Sunny Sussex, UK
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shelleym

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Re: Insurance
« Reply #7 on: June 28, 2011, 02:54:02 PM »
Yeah, and I needed high amount of public liability. Some of the shows I do demand 10m cover which is more than most places do.

Shelley


polynana

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Re: Insurance
« Reply #8 on: June 28, 2011, 05:29:08 PM »
we are with Ian Wallace, just for product and public liability too.

ickledookie

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Re: Insurance
« Reply #9 on: June 28, 2011, 09:41:47 PM »
I wasn't even aware you could get cover for being a crafts person. So when do you know when it's time you need cover?

shelleym

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Re: Insurance
« Reply #10 on: June 28, 2011, 10:37:43 PM »
If you do craft shows or sell to the public then you should have insurance cover. I didn't when I first started out, but fairly soon found several organisers of shows demand you have cover.  Gives great peace of mind. And if you shop about, for basic cover it's not that expensive.

Shelley

ejralph

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Re: Insurance
« Reply #11 on: June 29, 2011, 07:32:38 PM »
As Shelley said - insurance is for if you sell your work to the public.

Public liability covers you against any accidents at a craft fair or so on - say your table collapses and squishes someone.

Product liability covers you against your product causing injury - say a numpty customer swallows a bead and then sues you. (So, if you sell online, you need product liability if nothing else)

You might also want to insure your own stock or even have a policy to cover loss of earnings if a craft fair gets cancelled etc.

Of course-  if you start to sell to the public, insurance is only one aspect to consider. There are various other legalities too. But that's not for now  ;)

Emma
Emma from Sunny Sussex, UK
www.ejrbeads.co.uk Projects, articles, bead galleries & more
www.ejrbeads.co.uk/shop Art beads, clay & jewellery supplies

KMD

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Re: Insurance
« Reply #12 on: July 09, 2011, 06:14:32 PM »
I'm with Gm imber it even covers me for internet sales have been with them a few years now xkaren