Restaurant Insurance
Running a restaurant can be stressful and demanding, and fraught with potential risks. As an outlet to serve food, there are many health and safety issues to consider for which you need to ensure you have adequate restaurant insurance in place to protect your business over the long-term.
Appropriate insurance is vital for your business to protect you against a variety of scenarios for example, fire or theft or if you enter into a liability lawsuit with a customer.
Insurance is available for different types of restaurants from small family run premises to more exclusive establishments. Specific business insurance cover is also available for pub and café establishments.
Key Benefits
- Employers Liability – provides cover in the event that you as an employer are required to pay damages, legal costs and expenses relating to your legal liability for when an employee becomes injured
- Products and Public Liability – covers your business for when a member of the public is accidentally injured or their material property is accidentally lost or damaged, whilst they are visiting your establishment, or due to the nature or condition of a product or service provided by your business
- Contents - insure the contents of your restaurant against loss or damage
- Business interruption – covers you against the loss of profits resulting from an unforeseen insured event that suspends your normal business activity such as fire or flooding
- Stock Cover – covers you for damage or theft of your business stock including food and alcohol
Optional Extras
- Money Coverage – insures you for the loss or theft of money that is stored overnight in a safe at your premises, is in transit to a bank or which is used during business hours
- Glass Cover – provides cover for the replacement of glass that is broken
- Loss of Licence – protects you against the depreciation in the value of your property and subsequent loss of profit in the event that you lose your licence to trade due to circumstances outside of your control
