What should be included on a fish and chip shop insurance policy?
No two chippy’s are exactly the same. We look to understand your business and design a package policy that means you’ve got the adequate protection you need, without paying for cover you don’t. That being said, there are a number of core covers you’re almost certain to need to keep you chip shop business covered.
- Public Liability Insurance
A queue of customers queuing up to place their order is a good thing. Business is good. But, should one slip on a greasy floor, in what is an increasingly litigious world, you could face a claim, even if it really isn’t justified. As such, Public Liability Insurance is about as important as keeping the ketchup well stocked when it comes to chip shop cover. Moreover, it protects you from costs where a member of the public claims to have been injured, or suffered a loss or property damage as a consequence of your business activity.
- Employers Liability Insurance
Even if your team is made up of part time workers on a casual basis, EL cover is required by law in the UK. It works in the same way as public liability insurance does, but that it protects you in the event of a claim made by a member of staff.
- Food product liability insurance
For instance, someone gets ill the day after eating your fish and chips. They claim it’s food poisoning and make a claim against you. Even if you subsequently prove it wasn’t you, legal defence costs can soon add up – and it can be incredibly stressful. Food product liability insurance means the cost of legal defence – as well as any compensation rewarded – can be covered by your policy.
- Business premises and contents
If you own the building outright, it’s a valuable asset that needs protecting. If it’s mortgaged or leased, it’s likely you have a contractual obligation to have premises cover in place. Either way, business premises cover protects you when your chip shop is damaged or destroyed in an insurable event, such as a fire or flood.