Cakemaker & Decorator Insurance
What is Cakemaker & decorator insurance?
Working with food is a big responsibility, and often there are different requirements that those handling food need to fulfil. A Cake maker and decorator insurance can ensure that you will be covered if something were to go wrong with your product. The type of insurance usually known as cake maker and decorator insurance is specialised public liability insurance.
If you have employees in your business and you are not working on your own, you may also be required to have employers’ insurance in place. This type of insurance is necessary for any business that works with volunteers, employees, or other work experience workers. To learn more about employers’ insurance and why it is required, you can click here.
What is public liability insurance?
Public liability insurance, and in this case, specifically cake maker and decorator insurance, is not always compulsory. However, depending on your area and the field of business you are in, this type of insurance could be required. This is why it is always best to check with a legal consultant before deciding whether this type of insurance is necessary.
The cases that this type of insurance coverage varies based on the claims that you receive, but in general, it will be covering you in cases where your product caused injury or damage. For example, if you sold a cake that ends up giving an allergic reaction to your client and they file a claim against you, you will be able to take advantage of your insurance not to have to bear the entire cost incurred by the claim on your own.
To read a bit more about the levels of cake maker and decorator insurance available, you can read the following article by clicking here. In general, every insurance company will offer different levels of insurance. Those different levels will cover different aspects of your business, so you must decide which parts of your business you need coverage for and then arrange for that level of coverage with the insurance company you will be collaborating with.
Should I get cake maker and decorator insurance?
Especially in a business where your product is directly given to your clients and, due to its nature, could cause several allergic reactions, it would be wise to get this type of insurance. While a cake is unlikely to give a client an injury, it could very easily lead to other harms, and you could find yourself in a position where you will have to pay a lot of money in damages and lawyer fees. All of that can be avoided by having an insurance policy in place that can help you with some of those costs.
Cases covered by cake maker and decorator insurance:
- Injury incurred by your clients from either the product or from the functioning of your business
- Damages caused to a property because of your business
Choosing to get insurance can often be a sage choice as, in the long run, it could save you from having to spend a lot of money out of pocket to cover damages and injuries caused by your business. To read more about why you should consider getting cake maker and decorator insurance, click on the link here.
Are there other types of insurance that I should consider for my cake maker and decorator business?
Apart from the public liability insurance and the employer insurance, it would help if you also considered additional insurance for your tools, vehicles used for delivery, or workspace. These types of insurance can help protect you from several different cases in which you may find yourself at a loss. Especially if you have expensive equipment necessary for the proper running of your business, you should consider getting an insurance policy that can include tool protection. Some insurance companies may even add that to your cake maker and decorator insurance, so it is always best to ask your insurance company what type of extras you should consider.
How much does Cake Maker and Decorator Insurance cost?
The cost of your cake maker and decorator insurance will vary based on a variety of factors. The risk assessment that the insurance company will conduct, the size of your business, your history of filing claims will all influence the quotes you are getting for insurance. Your area may also affect the cost of insurance, so that is also something that you may want to consider.
Before deciding which insurance company to go with and because the cost of this type of insurance will be completely personalised for your business, you should use a cost comparison tool to get an idea of the best insurance for you. You can click here to use a cost comparison tool that will provide you with quotes for your business.
Read more about what kind of business insurance you need here.
Other useful links about business insurance:
Public Liability Insurance
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