Electronic cigarette insurance

Insurance especially for the e-cigarette and vape industry

In the past, businesses in the e-cigarette industry may have experienced difficulty obtaining comprehensive insurance and cover such as product liability. Lack of historical statistics, concerns around long-term side effects and recent claims from devices causing fires/explosions had resulted in many insurers being reluctant to offer comprehensive cover at a competitive price.

Our specialist team overcomes these challenges using their in-depth knowledge and expertise in sourcing tailored and competitive insurance solutions. Our clients include:

• Manufacturers of e-liquid
• Wholesalers
• E-cigarette retailers

^{*https://vapeuk.co.uk/blogs/vape-uk-latest-news/e-liquid-vape-trends-2020}

How our e-cigarette insurance experts can help

Our experienced team has the industry knowledge required to tailor an insurance package to suit your individual needs. Whether you specialise in device retailing, wholesaling, e-liquid retailing or manufacturing, we will work to find you the right policy.

Types of e-cigarette insurance cover

• Public liability – covers you for the cost of a claim arising from a suffered injury or property damage caused by you or your employees.
  
• Product liability – protects your business against damage caused to third party property and bodily injury (conditions apply).
  
• Employers liability – compulsory by law for most businesses. Employers liability provides cover if a worker suffers an injury or an illness they believe is your fault.
  
• Premises insurance – protects your business premises from escape of water, accidental damage, fire and more (see policy wording for full details).
  
• Stock cover – covers the costs of replacing your stock if any of it is lost, stolen or damaged.
  
• Cyber liability – protects your business from cyber-criminal activity such as hacking and cyber extortion, along with the legal and reputational fall-out caused from a data breach.
  
• Directors and officers – also known as management liability portfolio insurance (MLP), provides any director, partner or employee acting in a managerial capacity on behalf of the company; for defence costs incurred during a claim and awards made against you personally.
  
• Goods in transit insurance and commercial vehicle – covers products from theft, loss or damage while they are being transported.