The insurance requirements for wholesale operations are very specific, and so the insurance package that surrounds it needs to be also. A Wholesale Insurance package arranged by MCM considers both the fabric of your business – the building, stock and other assets – as well as your legal liabilities as a wholesaler for fully supportive protection.
Product Liability cover can be vital to your policy of a wholesale business as you could still be held responsible for a faulty product, even though you’re not the manufacturer. This would be the case if the manufacturers were untraceable, had ceased trading, or your business had modified, rebranded, or relabelled the product.
The stock you pass on could present a risk in itself, especially if it comprises of chemicals or flammable liquids. As it’ll be transported, or perhaps kept on the premise of a third party, your Wholesale Insurance policy needs to be working hard in every element of your business operations to cover stock levels and storage.
Whatever your wholesale business deals in – clothing, food, electronics, minerals or pharmaceuticals – a Wholesale Insurance policy arranged by MCM could offer you a substantial level of protection via a choice of quality products.
If you have any questions, call a member of our team on 0161 786 3150 or click here to get in touch.