All Traders shall maintain an insurance policy with a reputable insurer, to a minimum of £5 million cover against third party and public liability. The Trader shall provide evidence of their continued insurance cover, to an authorised officer on demand.
Traders who suffer loss or damage (including indirect or consequential loss or damage, loss of goodwill, business, revenue or profits) through floodwater, backing up of drains, roof leaks, impact by vehicles, vandalism, fire, theft, failure of electricity or water supply, or any other cause which has occurred, unless negligence of the Council's employees or agents or otherwise is proven, shall have no claim whatsoever against the Council.
Traders shall indemnify and keep indemnified the Council against all actions, proceedings, damages, claims, costs, expenses, losses, outgoings, liabilities of whatever nature arising out of, or in connection with, their negligence, or their use of Stalls, or their use of any other part of the Markets, or arising from the breach by Traders of any of these Regulations.
It is the responsibility of Traders to insure goods, property, fixtures, fittings and any other items against damage or loss howsoever caused. The Trader may want to consider insuring against discontinuity of business, howsoever caused.
