Business Insurance for Vape & E-Cigarette Wholesalers

Specialist cover for e-cigarette, e-liquid and vape wholesale businesses – competitive and tailored cover including full products liability protection including stock imported from China and the Far East.

Business Insurance Quotes for E-Cigarette and E-Liquid Suppliers

If you are trading in the vape industry, you will be aware that not all insurers understand your business, or it’s specific risks. At Vapesafe we have worked closely with our insurer partners to deliver specialist vape insurance cover which will protect all your key exposures.

Your distribution centre or warehouse is the very hub of your operation - without it you simply cannot trade – which is why insurance is critical for any e-cigarette or e-liquid distributor or wholesaler, protecting against significant losses such as a flood, fire or theft.

Tailored business insurance for vape wholesalers

Our tailored business insurance for vape wholesalers will protect your buildings (or tenants improvements for leased premises), racking and other business contents, together with machinery, computers and electronic equipment. We will help you to ensure that your stock is insured to the correct level, together as well as in transit from suppliers ot to customer. If you own a fork-lift truck, we cover that too! In addition, our policies will also cover your legal liability obligations in terms of public and products liability as well as employers liability insurance for any staff. As the lesding insurance expert in the vape sector, one of of business advisors will take their time to understand your supply chain in detail, walking you through the various cover options to help you find the right protection for your business at the right premium.

Products Liability Insurance for e-cigarette and Vape Wholesalers

Products liability provides protection against claims from customers or members of the public who have suffered illness or injury or as a result of a product you have supplied. Products liability insurance is considered the most important cover for any e-cigarette or vape business.

Whilst you may not be manufacturing the goods you supply, you may still be pulled into expensive litigation, particularly if claims are reported several years after goods have been supplied are the manufacturer is no longer trading or cannot be traced.

What are the other main insurance risks for a Vape distribution business?

Alongside products liability, you should also purchase cover against injury or damage to third party property in the form of public liability insurance, protecting against incidents such as slips, trips or falls to customers, delivery drivers or other visitors to your premises.

If you have any employees, regardless as to whether they are full or part-time, you are required by law to purchase employers liability insurance. Employers liability provides cover for legal costs and compensation payments following claims by an employee for injury or illness sustained as a result of their employment with your firm.

Alongside your liability insurance cover, you can also arrange cover for buildings, contents, stock and machinery. Protecting your inventory or stock in transit is another key risk for any wholesaler. Loss or damage to items which are being imported or exported to or from suppliers is likely to have a significant impact on your business. You should take time to understand where you are responsible for goods throughout the supply chain and we will ensure that appropriate insurance protection is arranged.

Vape Wholesale Cover

  • Specialist cover for all types of vape and e-cigarette distribution and wholesale operations
  • Cover available for mixing and blending
  • Combined cover for wholesale and retail stores if required
  • Single or multiple site locations (including non UK premises)
  • Self employed, Partnerships and Limited Companies
  • Non-standard construction or shared premises cover
  • Full Products Liability (including components from China and Far East)
  • Import and Export specialists (Including cover for Export to USA and imports from China and Far East)
  • Buildings, trade contents, tools, machinery, computer equipment, stock and fixtures & fittings
  • Stock and materials in transit (UK or global cover)
  • Plant and fork lift truck cover
  • Loss of profit cover (Business Interruption) (including cover for key suppliers on request)
  • Legal liabilities (Public Liability and Employers Liability)
  • Legal Expenses Extension

Why Vape Safe?

  • Bespoke cover for the e-cigarette industry
  • Instant quotations - cover and policy documents in minutes
  • Flexible cover & monthly payments – just pay for the sections you need
  • Expert advice from vape insurance specialists
  • 24 Hour Claims Helpline
  • Your own dedicated account manager

Aren’t Cigarette manufacturers responsible for goods supplied to wholesalers?

Whilst any e-cig manufacturer has a legal responsibility for any goods supplied to third parties, where you are dealing with non-EU suppliers there is no certainty that they could be traced in the event of a claim. Even if the supply chain is based in the EU, do you have 100% certainty that the manufacturer has the correct cover in place?

Whenever injury or damage occurs, law firms will still involve all relevant parties in their proceedings – if you are in the supply chain, you should purchase the correct protection. In the vape industry this is particularly important as you cannot rely on your suppliers or end retailers from remaining in business, or retaining the correct cover – The only safe way to completely protect you and your business is to ensure you have the appropriate level of insurance, whereby

Vape Wholesalers Insurance Claims Example

A customer suffered burns after an e-cigarette exploaded in their pocket. The vape retailer received a claim from the customers solicitor requested damages and compensation, which the the shop passed onto the wholesaler who supplied the goods. Whilst the distributers insurers attempted to contact the manufacturer in China, they received no response, leaving them to manage a claim which is likely to exceed £50,000 in payments and expenses.
9 Albany Park, Cabot Lane, Poole, Dorset BH17 7AZ
e. This email address is being protected from spambots. You need JavaScript enabled to view it. 
t. 0330 1240730
 
© Insync Insurance Solutions Ltd 2016 All rights reserved. Vape Safe is a trading style of Insync Insurance Solutions Ltd which is authorised & regulated by the Financial Conduct Authority. Our registered office is Midland House, 2 Poole Road, Bournemouth, Dorset BH2 5QY and we are registered in England under company number 08810662. Should you have cause to complain, and you are not satisfied with our response to your complaint, you may be able to refer it to the Financial Ombudsman Service, which can be contacted as follows: The Financial Ombudsman Service Exchange Tower, London, E14 9SR | Tel: 0800 023 4567 or 0300 123 9 123 | www.financial-ombudsman.org.uk | Terms of Business