Why does a sports, leisure or outdoor equipment manufacturer need insurance?
A business will purchase insurance for protection should a disaster strike equipment breakdown, an injured employee, product faults, flooding, computer hack, or burglary. The right insurance policy will cover your financial losses, defend legal disputes, and provide support, ensuring your business can continue with minimal disruption.
No two manufacturers are the same, so there is no ‘one size fits all’ when it comes to insurance, and you should get the insurance that suits your specific needs. While there are some covers we recommend as a minimum, there are a number of additional areas you might want to consider, such as cyber liability, product recall, efficacy, management liability, personal accident, goods in transit, trade credit, etc. Where outdoor equipment is safety critical, it is especially important to get the right cover.
We also work very closely with our sister company, Sutcliffe & Co Insurance Brokers – with our sports insurance knowledge and their commercial insurance experience, we can help find you the right cover at the right price.
What insurance do I need to consider?
Every club, organisation, and race is unique, so no ‘one size fits all’ insurance plan or solution exists. Aside from leisure & outdoor equipment manufacturers insurance, there are some other recommended insurance options for your club, such as:
Public Liability
Personal Accident
Cyber Insurance
Legal Expenses
Kit & equipment
Employers Liability
Event Cancellation
Sports travel insurance
Read related articles
How to protect your sport, dance or leisure club from flooding
Our expertise in flood insurance empowers you to navigate flood risk assessments, preparation strategies, and recovery plans, ensuring resilience in the face of adversity.
Why are insurance premiums going up for sport & leisure? And how can you keep your premiums down?
For almost 20 years insurance premiums in the sport & leisure sectors have been stable or even getting cheaper. However, in recent months the market has hardened to the extent that some policyholders are seeing their premiums double, treble or even almost impossible to obtain cover.
Sports & Leisure sector asking for Cyber & data protection insurance
Most businesses in the sports & leisure sector collect customer details, which often includes sensitive information such as date of birth, medical conditions and bank account details.
Interested in Mann Broadbent’s Leisure & Outdoor Equipment Manufacturers Insurance?
Get in touch with us and see how we can assist your leisure & outdoor equipment manufacturers insurance needs.
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