Furthermore, it does not matter what type of establishment you run the requirements of insuring your take away will remain the same. Our commercial take away insurance is designed to cover the assets, earnings and the legal liabilities of your business. This is because you shouldn’t have to worry in the event of a problem occurring.
Typical take away insurance cover can include:
Material damage of your business assets, glass, signs, money, personal accident (assault), theft by employees, goods in transit, tenants improvements, all risks on portable property, personal effects, business interruption, outstanding book debts, loss of license, equipment breakdown, deterioration of refrigerated and or frozen stock, employer’s liability, public & products liability, terrorism & legal expenses
What We Offer You:
Our aim is to cut through the jargon and talk to you about your business, therefore if you buy on-line you are taking the risk for ensuring you have the correct takeaway insurance. We will give you the best options in a language you understand. In addition, the end result will be a competitive policy that provides the right protection where you need it. Furthermore, we want to help you find the correct insurance for your take away businesses.
A successful take away business owner will know the importance of insuring correctly to protect them and their business. You take the time to carefully select other elements of your business such as the food you sell, location of premises and the staff you employ so make sure all the hard work you put in is protected.
Furthermore, sourcing and using the right insurance broker is paramount to this. Cheap take away insurance is not always the best insurance and your broker should be able to advise you on the different policies available. Some policies may provide enhanced cover for little or no extra premium. Check what’s covered in your policy and the limits of indemnity. Finally, if you don’t understand it, ask. Your insurance should be tailored to your specific requirements as no two businesses are the same.
One of the most important elements to your cover to protect you from claims against 3rd party property damage and injury is public and products liability insurance. What if one of your customers was to trip on your premises and you were held liable for the incident? Also what if you found yourself with a claim for food poisoning? As a result your public and products liability insurance is a fundamental element to your insurance policy.
Employers liability insurance is a requirement of law and a certificate of insurance must be displayed within your premises. This will provide cover for any claims brought against you from your employees due to negligence resulting in personal injury.
Additionally, Tenants Improvements cover protects you for any losses you may incur if you rent or lease your take away premises. It also protects you if you have spent money improving or refurbishing the premises. This is such as decorating, alterations to layout and additions that wouldn’t be covered under the landlords building insurance.
Your assets such as take away business contents fixtures and fittings can be covered for material damage and theft. Electronic equipment such as cash registers and audio and visual equipment is often noted as a separate item on your schedule. This is alongside wines and spirits because these are categorised as target theft items. Check these are noted separately on your policy to avoid any prejudice in cover.
Firstly, frozen foods or deterioration of stock cover will provide cover for a loss of food due to the failure of a freezer for example.
Secondly, money cover can provide cover for money whilst on your premises in transit or in a bank night safe.
As well as this, goods in transit cover will provide cover for your property such as food and equipment whilst in transit from markets or the cash and carry.
Business interruption insurance will provide cover for loss of income as a result of being unable to trade following an incident. If you suffer a fire or flood for instance and cannot trade business your loss of revenue or gross profit will be covered for a fixed indemnity period.
Additionally, loss of license insurance protects you from the depreciation in value of your business and financial loss as a result of your liquor license being suspended or withdrawn.
Fidelity guarantee or theft by employees obviously will provide cover for losses associated by theft from your staff.
Finally, legal expenses insurance is often provided as an extension and protects against things such as tax disputes, employee disputes and criminal prosecution.