For Restaurants, Coffee Shops and similar, Insurers will offer an “all in” or Package policy which would automatically include a wide range of covers that a typical Business would require.
The cover may include the following:
Including Buildings, Fixtures & Fittings, Contents, Stock, Computers and Tenants Improvements
Two points to note:
Covering your loss of Profit and also may include the additional expenditure required to get you back to a trading position you had prior to a loss
Insuring your cash, cheques etc. at the office or in transit to the Bank. The policy can extend to include Personal Accident Assault which covers injury to an employee in the course of a transit.
As an Employer you may be held liable for an injury to an employee. Cover for this eventuality is usually included for a limit up to € 13,000,000
Employers Liability insurance does not cover issues like sexual harassment, bullying, discrimination or other similar employment related issues. This is properly insured under an Employment Practice Liability (EPL) policy.
Public / Products Liability
Public Liability protects you in the event of a claim from a member of the public whether it is in injury, property damage and associated financial loss. Generally the limit covered is € 1,300,000 or € 2,600,000.
Products Liability protects you in the event of a claim from a member of the public arising out of the sale or supply of your goods.
Other covers which should be considered but are not on a standard policy are:
Fidelity Guarantee-Misappropriation of money or goods by dishonesty or fraud by an employee
Product Recall-Covering the cost of recalling defective or faulty goods
Legal Expenses-Covers legal expenses in defending an action brought by a customer or employee
Best Quotes for:
Contact Nicola on (01) 4952690