Personal accident & assault insurance pays out if you, or one of your staff, are unfortunate enough to suffer an assault at work. It’s an optional insurance that’s not for everyone, but it can be a comfort to some.
You know the risks you face in your shop better than anyone. Thankfully, attacks on shopkeepers are rare, but they do happen. The advantage of this type of insurance is that it means you or a staff member could receive a weekly income for a period of time if either one were unable to work as a result of the assault. In the event of death, a lump sum could be paid to the victims dependents.
While employers’ liability insurance protects you against staff claims for injuries; it’s important to note this only applies to injuries suffered during normal day-to-day activities. It wouldn’t cover assault during a robbery, for example. That’s where personal accident (assault) insurance comes in. It offers specialist protection for shop owners exposed to higher risk of assault; providing greater peace of mind and financial security. If you think your business could benefit from this add-on, simply include it in your main policy package as you build your quote.