Losing your stock can be devastating
Get peace of mind with the NMTF’s new improved FedInsure deal
THE NMTF and Premierline Business Insurance Broker are delighted to announce the relaunch of FedInsure, the bespoke insurance scheme designed exclusively for NMTF members.
FedInsure is a competitive commercial insurance package which has been built solely for market and street traders, events retailers and mobile caterers and is only available to NMTF members. Originally created in 2017, the current scheme includes specialist cover for your stock, goods in transit and your property (equipment) with the option to add business interruption, deterioration of stock and now; specified all risks to cover any higher value equipment.
Throughout the course of 2023 the scheme has been reviewed, refreshed and rewritten to offer better insurance options for NMTF members. By changing the underlying insurer to Lloyd’s of London, the revised scheme can provide more specialised covers to suit the changing needs of market traders.
From October 2023, the FedInsure scheme now includes several cover enhancements:
- Increased Goods in Transit limit to £5,000 (previously £3,000)
- Increased Deterioration of Stock limit to £5,000 (previously £2,500)
- Increased Money cover to £2,000 (previously £1,000)
Furthermore, FedInsure customers can now also benefit from the addition of Specified All Risks cover, which means that you can add and specify key items on your policy such as your laptop, camera or other higher value equipment you may use (up to a limit of £2,500).
Premiums can start from as little as £243*, dependent upon where you trade from and the limits you require.
The scheme offers a number of pre-set limits, but if you find that you need even higher limits to protect your Contents and Stock, just let the Premierline team know and they can prepare a quote tailored to suit your individual needs.
Get the cover you need for your business today by calling Premierline’s team of UK-based insurance advisors who will ensure you get the right solution at a competitive price. FedInsure cover is provided through an exclusive NMTF facility with Premierline and underwritten by Lloyd’s of London.