Hotel
Below we have listed some of the Insurance policies that you
should consider - some or all of which might apply.
Material Damage - A substantial amount of
clients' money is likely to be tied up in physical assets such as
buildings, stock and machinery. For your insurance cover you
should not only consider the cost of repairing buildings and
replacing stock but also how your business will survive the
financial losses that inevitably follows- paying wages during
downtime; outsourcing; securing alternative premises; lost profits
whilst production is down.
Business Interruption - Business interruption
insurance insures against loss or damage to the income or profit of
a business due to an interruption in the business.
Money & Cash cover - An insurance
policy that will cover money and cash that you hold on your
premises, the value will be dependent on the security system your
firm as deployed.
Employers Liability - Employers Liability
Insurance protects your business from claims made by employees who
suffer an injury or illness as a result of your business.
Professional Indemnity - Professional Indemnity
Insurance covers for claims for compensation due to mistakes made
in the course of the company's business.
Loss of Licence - As a publican you require a
license to sell liquor. It goes without saying that if for
some reason you lost your license through no fault of your own,
your business could suffer. Indeed, it could threaten your business
with closure. It is possible to take out Insurance to cover
yourself and business against such a loss.
Engineering - Engineering insurance
provides tailored policies for plant, machinery and building
projects including statutory inspections of plant items. Plant and
machinery installed at premises permanently or for a short duration
of time can be insured, either on an individual item or a blanket
basis.
Computers - While a standard office insurance
policy will include physical computer hardware , a specific
Computer option will also cover off re-installment of data and
increased cost of working.
Directors & Officers Liability Insurance
(D&O) - Indemnity against legal liability of Directors
& Officers of the company to pay damages for alleged wrongful
acts or omissions committed in the course of the business.
