What is Pub Insurance?
Pub insurance is essentially a specialist business insurance which is designed for licensed venues and tailored to the potential risks that publicans and licensees could face.
What type of venues can benefit from pub insurance?
- Pubs and public houses
- Gastro pubs (‘wet’ or ‘dry’)
- Wine bars
- Pubs and bars with late licences/entertainment
- Late night venues
- Function and event venues
- Any another type of licensed venue
What are the areas of insurance cover I need on my Pub Business?
- Fire & Perils cover on the Building, Stocks, Fixtures & Fittings
- Consequential Loss cover also is known as Business Interruption or Loss Profits
- Employers Liability
- Public & Product Liability
What do I have to insure under a licensed trade policy?
By law, you must have employers’ liability insurance assuming you have any staff working on the premises.
If you own a pub, what is it advisable to insure for?
It is important to Insurance for your assets, these could include including:
- Bar/kitchen equipment
- Fixtures and fittings
- Tenants improvements
- And, of course, the buildings if required!
- Insurance to protect the business profits from business interruption.
- Insurance against third party liability, i.e. if you are legally liable to pay for an incident which results in an incident that results in loss or damage to a third party while on your premises.
- Loss of pub licence.
- Personal accident.
- Your household contents, if you live at the premises.