Public liability insurance

[lynn1967]

Hi i have a online website and are looking to do markets etc up to Christmas in the Northampton area but need public liability insurance ,i have a couple of brokers that insure me but one seems to cheap and the other very expensive IE $5000 .Any ideas from you guys would be most helpful . Many thanks and keep on vapeing.

Lynn......

[Matt Gluggles]

Your best bet is to join the National Market Traders Federation

Membership includes
up to 5 million of Public Liability Insurance
AND 5 million of Product Liability Insurance.

As well as a range of other benefits.

I am sure that a broker will not be able to get you a better overall deal.

www.nmtf.co.uk/index.php?id_cpg=6

[Andrew]

The National Market Traders Federation were not offering membership to traders selling electronic cigarettes a month ago and I don't think they have changed their stance.

Membership cost of £102 includes insurance and their brokers refused to offer cover.

You cannot be a member without their insurance ???

Andrew

Lynn sent you a pm

[Chrissie]

Lynn, as you have an online shop, you do need to apply for vendor status - PM either myself or a moderator giving a link to your website so that it can be checked out.

[fagin]

Oct 6, 2012 18:57:13 GMT Andrew said:

The National Market Traders Federation were not offering membership to traders selling electronic cigarettes a month ago and I don't think they have changed their stance.

Membership cost of £102 includes insurance and their brokers refused to offer cover.

You cannot be a member without their insurance ???

Andrew

Lynn sent you a pm

As I had nothing better to do I went through the online membership thing for the NMTF up until payment stage and at no point did it seem to worry about the product?
And I can find no terms or conditions relating to this, so unless the membership is manually vetted at some point and declined I can't see an issue.
One of the branches of the company I work for handles the insurance for the NMTF (although I know nothing specific about it) so if you'd like me to ask the person in charge of it what the position is regarding insurance is let me know.

[VE Jason]

It is manually vetted, as are all insurance policies that don't fall under standard categories.

It then falls on the underwriters to make the final decision.

Those underwriters take no prisoners

[fagin]

Yeah but it's just a package - join up and the insurance is automatic. So unless the actual membership is manually vetted, the insurance won't be, I don't think. I'll check what the mechanics are next week.

But you're right on the no prisioners bit.

[stanton]

i don't think they do product insurance for online sales, so unless you already have that, and need the little bit extra to get you on a market, i don't think this will interest anyone. and if you do already have that, your current broker ought to be able to get you market insurance tagged on easily.
[note: i'm being lazy with the terms here, but u get the point]

[Andrew]

I applied for NMTF online and paid my membership fee.

A couple of days later I had a phonecall from a lady who said they were rejecting my membership because their insurers would not cover elecronic cigarettes and I would have my membership fee refunded.

I asked if I could become a member without their insurance and she said no.

I was prepared to visit their offices and discuss but was told that insurance was part of the membership package and there were no exceptions.

I recieved my refund in full and have arranged insurance elsewhere.