As an insurance professional I work with jam makers across the country to help them understand their individual insurance requirements and the potential consequences of not being insured correctly. Having the right insurance is crucial for any business so to help I have answered below some of the commonly asked questions I hear:
I’m only making and selling jam; do I really need insurance?
Absolutely you do! Should your customer suffer from food poisoning as a result of your product, or trip over a misplaced box at your stall, a customer could take legal action against you. Depending on the severity of the claim it could well mean losing some, if not all, of the personal assets you have built up over the years.
Am I only covered for selling my products from a stand? What about to farm shops or retailers?
Many policies will restrict where you can market and sell products. However, our specialist scheme has been designed to adapt to the versatility of your business. Whether you’re making chutneys and preserves from home, or have a commercial kitchen distributing products to retailers across the country, you will be covered.
I know you can insure me for jams and chutneys but what about kimchi? Or sauerkraut?
Yes! Provided you let us know broadly what you will be producing at inception, our scheme covers the manufacture and sale of the vast majority of food products. If you are ever in doubt please do not hesitate to contact me and I will be more than happy to help.
I employ someone on a casual basis, do I need extra cover for this?
As per The Employers’ Liability (Compulsory Insurance) Act 1969 it is required by law to insure any employee against liability for injury or disease. You will require employers’ liability insurance at a minimum indemnity limit of £5,000,000, in addition you will need public & products liability to cover their activities.
What should my insurance include?
Many artisans will arrange public liability insurance online just to satisfy the requirements of an event’s organiser, assuming that this will cover them should the worst happen. But did you know that public liability insurance alone will not cover you for any claim relating to the produce that you’re actually selling? This means that should a customer take legal action against you for say food poisoning, you could be liable to pay a hefty legal bill.
Our approved scheme includes:
- £10 Million Employer’s Liability (Optional)
- £5 Million Public Liability
- £5 Million Products Liability (Inc. Food Poisoning)
- £5m Pollution and Contamination
Increasing to £10 Million where required by contract or regulation
Could you give an example of when a claim may get paid out?
The proprietor of a burger van fails to store meat correctly and as a direct result his customer unfortunately becomes infected with E.coli. Due to complications, life threatening symptoms appear resulting in severe kidney damage. The claimant seeks legal advice from a “No Win No Fee” solicitor and is rewarded for damages. Insurers pay out for:
- All legal fees for both insurer and claimant
- Loss of all future earnings as unable to return to work
- On-going private medical treatment and therapy
- Compensation for pain and suffering
- Expenses including prescriptions, travel and all other costs that are linked to this illness
Why choose Coversure Insurance Stamford?
As a well-established specialist in business insurance, us at Coversure Stamford offer a bespoke product tailored to the needs of jam and preserve makers. My brother Gareth and I have a key focus to serve experienced professional advice with a personal service. It’s no exaggeration to say we were born into the industry. Our father, Mark Coverdale, founded Coversure back in 1986 and when we were offered the chance to join the family firm – Gareth in 2001 and me in 2007 – we jumped at the chance. Since then we have worked in everything from insurance underwriting and broking, to sales and operations so you can be sure your affairs will be in safe hands.
Whether you need to arrange an insurance policy or just need some free insurance advice, please do not hesitate to call.