Question 1

What insurance does a shop need?

Accepted Answer

A retail shop typically needs buildings insurance (if you own the premises), contents insurance, stock cover, public liability insurance, and employers liability insurance (if you have staff). Business interruption cover is also worth considering.

Question 2

Do tradespeople need public liability insurance?

Accepted Answer

Public liability insurance is not a legal requirement for most tradespeople, but many clients and contractors require it as a condition of work. It covers claims from third parties for injury or property damage caused by your work.

Question 3

What is employers liability insurance and is it compulsory?

Accepted Answer

Employers liability insurance is a legal requirement for most UK businesses that employ staff, including part-time and temporary workers. It covers claims from employees who suffer injury or illness as a result of their work.

Shops & Trades Insurance