Theme Park Insurance from Prosura
No matter whether you run a theme park or water park, you will have thousands of customers on your premises across the year. You’re likely to have seasonal staff to train, ensure all rides and equipment and correctly maintained and check, manage gift shop stock and keep the grounds and buildings in good condition.
Theme park businesses require significant capital investment to establish and run. And things do go wrong. Prosura is on hand to ensure buying the right insurance is more joyride than rollercoaster. With friction free service and access to a range of leading insurers, we’ll keep you covered so you can get on with the real work.
What should be included on a theme park insurance policy?
Buying insurance for your theme park means buying a package cover that addresses all of the potential liabilities and exposures that the business may face. Your insurance policy should be as unique as your business, but most theme parks will need to include:
- Public Liability Insurance
Members of the public visiting your theme park are obviously your lifeblood as a business. But they are also, potentially, your biggest risk. High spirited visitors enjoying an exciting day out are exactly what you want – but if something were to go wrong, it’s important to have appropriate levels of PL insurance in place. It protects you from claims (even if they are subsequently disproven) that a member of public has been injured or suffered a loss or damage to property due to your business.
- Employers Liability Insurance
All UK businesses are required by law to have EL cover in place. But making sure the appropriate levels of cover are bought is particularly important for theme parks. This is because you’re likely to have lots of different staff doing different jobs – from gate security to ride engineers and pool attendants and lifeguards. It could be that you rely on casual, part time and seasonal workers, too. EL protects you from claims that they have been made unwell, injured or suffered a loss as a consequence of their work.
- Business equipment insurance
Theme park rides aren’t cheap to buy, install and run. Yet they will be one of your biggest investments. And to keep visitors returning year on year, you’ll spend heavily on adding new attractions and keeping existing ones in good condition. Should a ride break down or be damaged through an insured event, business equipment insurance will protect you from financial loss and get the ride up and running again as quickly as possible.