Does your insurance dress to impress?
From the clothes on our back, to the shoes on our feet, we dress ourselves for function, fashion, and fun. But working in the retail industry isn’t simply fun and fashion, it’s also competitive and ever-changing. You’ve worked hard to get your business to where it is today, don’t let a claim be the undoing of all your efforts.
Ask one of our experienced advisors how insurance can play a role in protecting what matters most to you.
Products & Coverages
When you’re in the retail industry, your products and inventory are your primary source of income. If water, smoke, or fire were to damage your inventory, not only would your income stream come to a halt, but the cost to replace these items could really set your business back financially.
As a clothing retailer the way you display your merchandise is important. You invest in the racking, shelves, and display cases and it’s vital that these assets are properly protected.
When most people think of insurance, they think about physical assets like their buildings and equipment. If a substantial loss occurs, like a fire burning down your building, it’s great that you have property insurance in place, but all that policy is going to cover is the cost to rebuild your building. What about all the income you’re losing because your business is now closed? Business interruption insurance is an absolute must when it comes to protecting your business from a significant financial loss.
General Commercial Liability
When you work in retail a large amount of people flow through your business on a regular basis. Don’t let a potential lawsuit be the undoing of all your hard work. Accidents happen, and if one does – having a general commercial liability policy is essential.
This insurance is designed to protect your business from employee dishonesty, robbery and counterfeit forgery. While it’s an unfortunate situation to think about, it can happen. Rather than just hoping it doesn’t, it’s a good idea to have a plan in place so that your business isn’t significantly impacted by a loss.
If your business stores sensitive client information, bank records, or any other vital information on its computer systems, then this coverage is essential. As a business owner, it’s important to be realistic about the risk cybercrime poses. To protect yourself fully, you’ll want to talk to one of our advisors who can help assess your situation.
Working with a team of advisors who truly understand what you do is essential to finding proper protection. Let’s protect what matters most to you.
Most business owners agree, their employees are the lifeblood of their business, which makes the attraction, retention, and most of all the well-being of your employees a top priority. Employee group benefits are an effective way of making sure the hardworking talent you attracted not only continues to work, but continues to work for you!
Already have a plan in place? It may just be time for a review. Let our experienced team help make sure your plan is competitive and running smoothly.
Book your free review today.