Shops (incorporating Hair and Beauty)
Flexible e-traded commercial insurance to cover buildings, contents and stock of up to £2.5 million for a wide range of shops and businesses.
Why choose RSA?
- We cover risks with ATMs installed at the premises
- We cover retailers who operate from a domestic premises
- We cover risks retailing second-hand goods, including charity shops
- A hair and beauty extension in the policy wording specifically designed for this market
- Simplified approach to security requirements
- 24-hour advice lines for catastrophe claim assistance, emergency repairs and health and safety
- Wide trade and geographical eligibility, so we cover more trades and postcodes
A flexible e-traded product
Our Shops policy is specifically designed to suit the needs of small to medium-sized retail businesses. We can provide cover for a range of trades, including convenience stores, takeaway food outlets, clothing, cafés, coffee shops, and hair and beauty salons.
Defaqto liked our Shops insurance policy so much they gave it 5 Stars!
Risk appetite and cover
Find out more about our risk appetite by exploring the tabs below.
Our standard cover consists of:
- General trade stock and other trade contents 50% seasonal stock increase for Christmas and Easter (or a period of the same length of the customers choice)
- Goods in transit cover at £2,500 (option to extend to £10,000)
- Unspecified all risks items at £2,500 (option to increase)
- Up to £1,000 cover for damage to frozen and chilled food (option to increase)
- Public and products liability is automatically included to £2m (option to increase)
- For hair and beauty risks, public and products liability is included for acceptable treatments
- Loss of liquor licence cover to £100,000 (option to increase)
- Money cover at £3,500 (option to increase)
- Business interruption (gross profit from £500,000)
Our standard cover consists of:
- General trade stock and other trade contents 50% seasonal stock increase for Christmas and Easter (or a period of the same length of the customers choice)
- Goods in transit cover at £2,500 (option to extend to £10,000)
- Unspecified all risks items at £2,500 (option to increase)
- Up to £1,000 cover for damage to frozen and chilled food (option to increase)
- Public and products liability is automatically included to £2m (option to increase)
- For hair and beauty risks, public and products liability is included for acceptable treatments
- Loss of liquor licence cover to £100,000 (option to increase)
- Money cover at £3,500 (option to increase)
- Business interruption (gross profit from £500,000)
Choose from a range of optional covers to meet your needs:
- Stock cover for tobacco, wines and spirits
- Option to include buildings cover or tenants improvements
- Fidelity
- Legal expenses
- Terrorism
This product is designed to meet the needs of:
- Hairdressers
- Food risks – including takeaways and fish and chip shops
- Convenience stores & grocers
- Beauty salons
- Contents with sum insured under £20,000 & stock under £10,000
- Cafes and coffee shops
The following risk features are set values within the trading platform. If the information you enter sits within the below parameters, the platform should allow ‘straight through trading’ – saving you time.
- 2 or fewer claims in the past 5 years, provided that the total value of all claims is less than £25,000
- No history of flood or subsidence losses
- Standard construction
- Fully-occupied premises used only by the business or other shops, offices or private dwellings
- Premises where the total cover under property damage is below £2.5 million
- Buildings up to £2.5 million
- Contents up to £500,000
Risks we don’t write – or write only rarely as a small part of a wider portfolio – include:
- Individual exposures greater than £2.5 million
- Portfolios with more than 10 premises
- Medical or invasive treatment risks
- Predominantly unoccupied Portfolios
Get an expert claims team on your side
We understand the impact a claim can have on your customer's business. That's why we have a dedicated claims helpline.
Our expert claims teams will aim to provide a fast and efficient claims service to help get people and business back on track as quickly as possible.
Helping businesses be safe, strong and resilient
We offer a wide range of risk control guides to help safeguard your customers’ businesses and interests.
Help your customers put a risk mitigation plan in place by supplying them with useful content from our Risk Consulting pages.
Documents and downloads
View and download policies, brochures and more.