What kind of insurance would be required?

[businessidea]

Hello all, new member here seeking some advice.

My wife has been making wax melts for her own use as a hobby. She is now considering selling them but we want to make sure she is covered in case anything goes wrong.

Am I right in assuming she would just need a Product Liability Insurance policy? There would be no sales from a shop/stall/warehouse/business premises of any kind where customers could visit and risk injury; sales would be done online/remotely which I think negates the need for Public Liability Insurance?

She is already aware of other legalities such as CLP labelling and whatnot and is putting those provisions in place. We simply want to be covered in the event that a product she sells is blamed for any kind of injury or damage etc.

Any advice or help you can offer would be greatly appreciated.

Thank you.

 

[Mr D]

Product liability for the product. Chances of someone being hurt are remote but do you want to find someone allergic to something in the wax melt? Or that knocks over the method of heating the melt and burns themselves with the wax?

Where she makes them will need insurance too - if at home your home insurance will usually not cover business.

 

[businessidea]

Product liability for the product. Chances of someone being hurt are remote but do you want to find someone allergic to something in the wax melt? Or that knocks over the method of heating the melt and burns themselves with the wax?

Where she makes them will need insurance too - if at home your home insurance will usually not cover business.

Thank you Mr D. That's our sentiments exactly, the chances of anything going wrong are remote but it's not worth the risk. Product liability insurance is what we expected would be required.

When you say insurance for where she makes them, is that to cover any damage to our home that arises as a result of her making them?

 

[Mr D]

Thank you Mr D. That's our sentiments exactly, the chances of anything going wrong are remote but it's not worth the risk. Product liability insurance is what we expected would be required.

When you say insurance for where she makes them, is that to cover any damage to our home that arises as a result of her making them?

Yes - and storage too.
If someone breaks in and nicks the product / breaks the molds etc. Or of course simple fire - very damaging to wax melts!

Your insurer will let you know what the policy covers and you can ask for something else to be covered if you don't think it covers enough.