Ensuring you have the right level of insurance for your nightclub can be a gruelling process, especially if you are going it alone. If you want some support and advise on the level of cover that is appropriate for you specific business, not a generic example, then get in touch with our insurance specialists who work on your behalf to get the best quality cover at the best prices.
It is our responsibility to ask you questions and get to know you business so we can disclose this information to your potential insurer, then when/if you need to claim you can rest assured that the insurance company can not back out of a payment because of something you missed in the small print or failed to disclose at the point in which you took out the cover.
Cover Options Available:
Employers' Liability - £10 million covering full or part time employees
Public & Products Liability - £2 million with the option to extend to £5 million or more.
Property & Stock Damage - covering your buildings, contents and stock to include accidental damage.
Directors & Officers - provides personal liability protection for directors and officers of your business, this again is an extension or sometimes a separate policy.
Deterioration of Stock
Legal expenses cover - Covers you for employment disputes, employment awards, health & safety prosecutions and tax enquiries and disputes
Employers are responsible for the health and safety of their employees while they are at work. Your employees may be injured at work or they, or your former employees, may become ill as a result of their work while in your employment. They might try to claim compensation from you if they believe you are responsible. The Employers’ Liability (Compulsory Insurance) Act 1969 ensures that you have at least a minimum level of insurance cover against any such claims.
Similarly to Employers' liability this covers any injury or illness that any member of the public may incur due to partaking in your services or that is in some way your responsibility. Unlike Employers' liability this is not required by law, although it is a very good idea for anyone in the leisure industry to have public liability. Without public liability the company, or even its directors or owners can be held responsible for any loss or claim, potentially bankrupting not only the business but its owner or directors as well.
If for any reason the general day to day workings of the office are interrupted which results in a loss of income you will be covered. Business interruption cover will pay equal to the average income that is lost by the interruption of business. Cover may be considered on a loss of gross revenue basis or a gross profit basis, sometimes as an alternative Increased Cost of Working only cover is taken.