Further Reading

The hospitality industry can be precarious, while providing accommodation or food and drink products to customers can draw liability claims. Package policies can combine multiple essential covers, tailored to suit the needs of restaurant, cafe, takeaway, pub, bar or hotel business.

Buildings and Contents

Buildings cover typically covers loss or damage to your premises, outbuildings, walls, gates and fences due to an insured peril. Contents can include fixtures and fittings, stock and perishables, tills, business files and theft. It doesn’t cover guest’s possessions, but that can be added as an extra.

Liability

Another key area of cover is business liability,

• Employers’ Liability – It is your legal requirement to provide a safe, clean and healthy working environment for all employees, and you must insure against workplace injury and illness, including unpaid or part time staff
• Public Liability – This cover insures your business for claims of injury to members of the public on your premises, or damage to property belonging to a member of the public
• Products Liability – This cover insures any products you make or sell from claims they caused injury, loss or damage to a person or their property, plus legal costs

Each area will have an individual limit of indemnity.

Extras

Additional covers can include cover for business interruption, shop fronts, glass and sanitary ware, goods in transit, book debts, loss of licence, guests’ and customers’ personal effects and valuables and more.

Exclusions

Most insurers specify certain exclusions due to excessive risk. These will vary, but may include stock shortages, terrorism and cyber attacks.