Restaurants, Bars & Pubs Insurance
If you are in the restaurants, pubs and bars business, then unlike your customers you can’t afford the luxury of thinking about your premises as a place of relaxation.
It is somewhere that generates your income and in which you probably work hard.
Yet your establishment is typically vulnerable. Having good insurance that provides protection for restaurants, pubs and bars, may be a sensible precaution to take.
Why vulnerable?
Vulnerability may arise for a number of reasons, just a selection of which may include:
- the mixing together of alcohol and people causing a wide variety of problems;
- assaults on staff;
- theft;
- if you’re preparing and serving food, your customers may decide that they’ve suffered health issues arising from the consumption of your products;
- staff may be injured while progressing their legitimate duties;
- the traditional problems associated with some forms of natural disaster that may render your business temporarily incapable of operating.
That list could be continued!
In all of these situations, plus many others, your staff and employees may hold you legally accountable – and a court may agree.
In other situations, you may have suffered serious stock losses as well as a loss of income.
We, of course, cannot stop any of these things happening to you. What we can do is to help you find an insurance policy that provides financial protection for restaurants, pubs and bars.
Our protection options
We understand the business of running your sort of establishment and know where life can spring unpleasant surprises on you.
Just a sample of the benefits provided by our basic product includes things such as:
- contents and business interruption;
- employers’ liability insurance (against claims from your staff) of up to £10 million;
- public and products liability protection (against claims from third parties) of up to £2 million;
- commercial legal expenses cover.
To this, you can add additional restaurants, pubs and bars cover for specific risks that may apply in your circumstances and to your establishment. In effect, you can tailor make the business insurance cover to meet your needs. These additional elements of cover may include:
- theft by employees;
- loss of licence protection;
- residential accommodation protection for your family and guests;
- terrorism;
- breakdown cover;
- buildings cover and options for subsidence protection;
- etc.
This is just a summary and we’d welcome the chance to explain any of these things in more detail.
Your business is important
Just as your customers may think of your premises as being exclusively associated with leisure – others may think that running restaurants and bars is easy.
You know otherwise!
If you’d like to protect the investment of all your hard work and capital, then it may make sense to think the unthinkable and try to imagine how you’d cope in the event of a disaster.
Perhaps you’re in the fortunate position of having very large capital reserves available and therefore wouldn’t be too worried if some of the above things happened to you.
If that’s not the case though, it might be prudent to spend a little time looking at our insurance products that cover restaurants, pubs and bars.
