Retail Insurance branch
Specialist Insurance for the Retail Industry
Why Choose an Industry Specialist Broker like Movo? If you work in the retail industry you are likely to have specific needs when it comes to your insurances.
Our experts will tailor a policy specifically to meet those needs and advise you of the most appropriate covers for your business. Our aim is to make sure you have the most cost-effective insurance solutions that work the way you expect it to.
We are able to cater for:
Some covers available
Frequently asked questions
What payment options do you offer?
There are two main ways of paying. You can set up a direct debit payment plan, which would usually run over 3, 6 or 10 months, or, alternatively you can pay your premium in full via debit or credit over the phone. Please feel free to discuss these options with us.
What happens if I need to make a claim?
We have a dedicated claims team which is based in-house at our offices in Orpington that you can always ring for help and advice as well as to directly report a claim or give notification of a potential claim. They are available on 020 3846 1721
Do you issue L and EL certificates and when do I receive them?
Yes we do, once your policy is live the next stage of the process is to get your insurance documentation over to you without any unnecessary delays.
What are the benefits of a specialist broker?
As specialist broker will usually provide a product that is bespoke to the industry they are working in, so therefore it is exactly fit for purpose. Movo’s staff are also trained specifically to deal with your enquiries and have a very good understanding of the cleaning industry in the UK and can offer you help and advice you might not find elsewhere.
Why should I use an Insurance broker?
Here are a few reasons why going to a broker for insurance might be the best choice:
- Getting expert guidance does not cost you more: like comparison sites, they get paid commission by the insurance provider for selling their products so you don’t pay them a fee for shopping around to get you a good deal. Unlike comparison sites they have specialist expertise and can give you guidance on the products that best suit your needs.
- Know your options: insurers won’t always offer you every type of cover when you go directly to them. Brokers can help point out the types of cover available for the insurers they cover and help you work out what you need.
- Find the right product for you: a broker will ask you about your personal circumstances to find you the right policy. They’ll also be able to tell you if you’re already covered by your existing insurance policies so you don’t overlap, and they will often get you a good deal by comparing prices and product features. They can also be more flexible on price than comparison sites.
- Find a specialist provider: on comparison sites you might not find cover for things – like income protection or critical illness – that need to be tailored to suit your needs. You also won’t find special or bespoke cover on there, so if you want to insure something unique like a high-value antique or a collection, a broker will know where to go.
- Your claims are taken care of: if you need to make a claim, your broker might speak to loss adjusters and claims departments and do as much as possible for you so you don’t have the hassle and worry.
Source: Money Advice Service
What is Business Interruption and why is it important to have?
Business Interruption Insurance is designed to cover a loss of gross profit, revenue or income following an interruption to the business caused by an insured event such as fire or flood. It will continue to support the business until you are back to the same trading position as you were prior to the event up to the maximum indemnity period. Covering your fixed costs like rent/mortgage payments, staff salaries/wages, utility bills etc.
What is a package insurance product?
A package insurance product is usually designed for a specific trade or sector and will include a variety of standard cover. Often these cover give umbrella limits of cover which cannot be removed. Often you will find package products for Retailers, Licenced trades and tradesman.
What is a commercial combined policy?
Commercial combined insurance is best described as a policy which clients are able to tailor to their needs. This product will allow an insured to pick which covers they want as well as sums insured above and beyond limits usually provided under package policies.
Can I insure against glass breakage?
Yes, although usually you will need to request this be added to your policy. It is worth considering, especially if you have a large glass frontage.
What is Property Insurance?
Property Insurance is the broad term used to give for policies, or sections of policies which provide cover for physical assets. This could be for buildings, contents, stock, computers or anything that is tangible.
What is Money Insurance?
This cover is usually provided as section of a policy and will give you protection for money that is stolen and some other perils. There will be various sections and inner limits which will provide clarity on what amount of cover you have for money in safes, left in premises overnight, in transit and any other requirements you will have?