What Does Nightclub Insurance Cover?
Our key covers include:
Full Contents Cover
Covers all the contents at your establishment or nightclub on a new for old basis. Covered assets include furniture, kitchen appliances, till systems, counters and more.
Financially covers items in your inventory or stock. Stock cover extends to your spirits and other alcoholic beverages (including beer and wine), tobacco and food items.
Product Liability Cover
Covers compensation payouts, penalties and legal costs in case the food or beverage you serve at your establishment cause an injury or illness.
You might be held liable if the affected party chooses to file an injury or sickness claim in court. Should such circumstances arise, product liability cover would keep you afloat by covering legal expenditure.
Employers liability cover, a key ingredient of nightclub insurance, is a legal compulsion in the UK if you employ any individual or volunteer.
Employers liability insurance protects your nightclub against claims brought on by employees or staff members who have suffered a loss or injury in the workplace.
You could be held liable if a member of the public, be it a customer or a passerby, gets injured or has an accident in or around your nightclub. Public liability insurance effectively covers your cost of legal defence as well as your compensation payouts in such situations.
Fidelity cover pays out requisite compensation in case an employee steals business funds from your commercial premise.
Damage or destruction caused by a pre-insured event such as a flood or a fire can cause serious problems for your nightclub. You might be forced to shut the club down temporarily and that would inevitably reduce your turnover.
Business interruption cover was created to reduce disruptions caused by externalities. Even if your nightclub shuts down temporarily, the business interruption would keep your business financially afloat by paying for an outgoing expense such as wages, bills, mortgages, rent and more.
Loss of Alcohol Licence Cover
You must be aware that you require an alcohol licence to serve alcoholic beverages at your nightclub. If your licence is lost or suspended, it could have serious consequences for your establishment.
Loss of licence cover protects you against financial loss if your alcohol licence is lost, suspended or revoked.