Hospitality insurance FAQs

If you lose your licence to sell alcohol due to circumstances outside of your control, loss of licence cover can provide you with protection. It can include loss of sales cover (less relative purchases) directly attributable to the loss of the liquor licence and the reduction in the value of the licensed premises (subject to certain exclusions). Loss of licence cover can also be included as an extension to your standard business policy. 

There is an additional option available to provide cover for loss or damage to guests’ and employees’ personal possessions. This can ensure valuable items held on the premises such as computers, jewellery, money and sports equipment are covered. Levels of cover differ for the various effects, and we can talk through the options with you. 

Buildings insurance provides protection for your hospitality business against unforeseen events like fires, floods and storms. It can cover permanent fixtures such as the roof, walls, ceilings, door, windows, floors, kitchens and bathroom suites. The policy level should cover the cost of rebuilding, rather than the market value of the premises. 

Takings on the premises can be covered by money insurance, which includes cash, cheques, postage stamps and other non-negotiable money. Personal assault cover can be included to provide compensation to you or a member of your staff following injury from a theft or attempted theft of money. Any damage to the building during a theft could be covered by contents insurance. 

Hospitality insurance is based on the individual needs of your business. We’ll work with you to review your options so that you can access a business insurance that meets the requirements of your business and ensures you are covered. Get in touch with us to find out more. 

Yes, we can arrange cover for additional locations as your business grows. Speak to our team to discuss your needs. 

If your business suffers from an insured loss, such as a fire, business interruption cover can provide funds to help top up shortfalls in your trade. These type of policies usually give cover on a loss of gross profit basis. The cover limit is usually provided in set blocks of either 12, 24 or 36 months, which depend on the length of time it would take for your business to recover from the insured incident.  

Get in touch with us to discuss business interruption insurance for your hospitality business. 

Hotel insurance can provide protection and could cover your business against the legal liabilities and risks that running a hotel might bring. Contact us to see if we can find cover for your hotel business.