What insurance covers does a social club need?
There is a huge difference between insuring a snooker club and a golf club. But there are a range of core covers that are likely to be appropriate and needed, no matter what sort of club you run.
Public Liability for social clubs. Your members and their guests, as well a fans from the opposition team at a sports club, are all going to set foot on your premises. This makes Public Liability, which protects you in the event that they make a claim that they have suffered injury or loss, a real priority.
Employers Liability Insurance. Even if workers are only employed on a voluntary of casual basis, Employers Liability Insurance is required by law in the UK. It works in a similar way to PL, but in the event of a claim made by a member of staff.
Buildings and contents. Insuring your clubhouse building itself means you have protection should it be damaged by a flood, fire or similar incident. If you own the property it’s likely to be one of the clubs single biggest assets and it makes sense to protect it. Contents cover can be included so that furniture, fixture and other fittings such as music or lighting equipment can be repaired or replaced should they be damaged, destroyed or stolen.
Loss of License. Your bar is likely to be a significant source of income for your club. Were you to loose your license, it may represent a significant income reduction.
Business Interruption. This offers protection from costs in the event that you have to close the premises for a period of time (following a flood, for example) but still have fixed overheads to pay without revenues coming in.
Trustee Indemnity. Whatever the size of your sports or social club, trustees can be held personally liable in a range of circumstances. Having trustee indemnity cover in place gives those willing to take responsibility for the club some peace of mind that protection is in place should they be accused of wrongdoing.