What Does Nightclub Insurance Cover?
Our key covers include:
Full Contents’ Cover
Covers your nightclub’s contents on a new-for-old basis. Covered assets include furniture, kitchen appliances, till systems and counters.
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.
Products’ Liability Cover
This 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, products’ liability cover would keep you afloat by covering legal expenditure.
Employers’ liability cover, a key component of nightclub insurance, is mandatory 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 legal defence costs 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, which would, inevitably, reduce your turnover.
Business interruption cover was created to reduce disruptions caused by external factors. Even if your nightclub shuts down temporarily, the business interruption cover keeps your business financially afloat by paying for outgoing expenses like wages, bills, mortgages and rent.
Loss of Alcohol Licence Cover
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.