Beware of insurers claiming to be ACT partners
Posted on in Cycles News
It has recently been brought to the attention of the ACT that an unnamed insurance broker has been misrepresenting the ACT in an effort to persuade cycle retailers to take out an insurance policy with them.
ACT members need to be aware of these false claims being made.
The ACT, via business support partner ActSmart, have a long standing relationship with insurance specialists Butterworth Spengler to provide the ideal insurance solution to cycle retailers.
Specialist Brokers Butterworth Spengler have recently reviewed their scheme arrangement and are now partnering with RSA Insurance Group. This scheme is the only insurance arrangement the ACT refer to as their preferred partner.
Having suitable insurance cover in place ensures your business is protected when it matters most.
Butterworth Spengler have a distinctive blend of experience, knowledge and high levels of customer service which means they can be trusted to deliver bespoke insurance cover for your cycle business needs whilst maintaining competitive prices.
Butterworth Spengler have been offering expert advice in the cycles market for over 25 years, some of the key features of using Butterworth Spengler are listed below.
- Discounts for ACT members
- Further discounts for Cytech Accredited shops
- Free seasonal stock increase of up to 50% for your busiest three months of the year
- Cover for claims against your design services or advice
- Liability cover in respect of loan/hire/demonstration
- Cover for equipment on loan/hire/demonstration
- Cover for equipment displayed outside premises
- Cover for the service/repair of customers' equipment
- Cover for shoplifting
- Interest-free monthly instalments
- Policies tailored to your individual needs
- First class claims service
Comprehensive PI cover is offered in recognition of the increasing number of consultancy services offered by ACT members. This cover ensures that should your customer allege that they have suffered financially as a result of the negligent advice, design and fitting specification or service you have provided to them, you are indemnified not only for the damages and costs that may ultimately be awarded but for the associated costs incurred in providing your defence.
Visit the ActSmart business insurance page here or for more information contact the ACT in 01273 427 700.