If you’re opening a new restaurant or shopping around for a renewal quote, then it’s vital that you make sure all possible financial risks are covered. When you deal directly with the public then the types of risks you could encounter are very different to most other types of businesses.
While there are many specialised restaurant insurance policies available, it is very important that you fully understand what they do and don’t provide.
At Aspire Insurance Solutions we have encountered many restaurant owners that were actually very exposed due to their policy having very limited wording.
To make sure that you have the best possible cover with all the necessary policy wording in place, just speak to one of our expert insurance representatives on 1300 886 781. We completely understand your business and can make sure you have the right type of cover.
Unique Risks Restaurants Are Exposed To
Having advised many restaurant owners from small family businesses to chain and franchise owners, we have a very unique perspective of what real risks you are facing. These need to be specifically covered under your policy.
Some examples are listed here below
Health And Safety
Regulations in the food producing and serving industry are extremely stringent. You could face an inspection at any time for both food safety and the safety of your working environment.
Whether you fail such a regulatory inspection due to deliberate or accidental reasons really doesn’t matter. You could face temporary closure and heavy fines that pose very real financial risks.
Even with the best stock management processes, it can happen that a spoiled produce makes it into one of your dishes. In a best case scenario this is noticed before anyone gets sick, and you may have to close for a few days to resolve the problem fully.
However, food poisoning is a real risk with some serious claims and penalties that could cripple your businesses.
Quality Advice You Can Trust
If you’re just setting up for the first time, then you’re probably wondering: what kind of insurance does a restaurant need? Or maybe you’ve been running a family restaurant for decades and would like a comprehensive review of your policy.
To make sure that you have the best possible policy cover available, Aspire Insurance Solutions representatives fully understand the food industry as well as the different products available in the market.
We have the expertise needed to fully stand over the completely free advice we provide you.
Face To Face Service
To make sure that you always receive the best advice, we have tailored our business processes to include a face to face consultation with you. This way you can fully explain how your business operates so that we can identify all the possible risks.
The face to face approach gives both you and your insurance representative the confidence that all possible angles are covered.
Expert Claims Handling With 24/7 Support
When you do encounter a situation that requires you to make a claim on your insurance policy, then you can face a considerable amount of time dealing with claims examiners and assessors.
That’s why we have a dedicated 24/7 support service to help with the details required for all those difficult claims. This allows you to focus on keeping your business running, while we look after the claims process from start to finish
Annual Cover Reviews
At the time of each policy renewal you have an excellent opportunity to find out if there are better products and rates available on the market. However, for you to do this by yourself will involve contacting many different insurance companies and then try to decipher the differences.
As a client of Aspire Insurance Solutions, you will automatically receive a full review of your cover on an annual basis. That way you can make sure you always have the best available policy.
If you’d like to take advantage of our free advice service with a no obligation quote, then contact our team today on 1300 886 781. Alternatively you can submit your information in the contact form on this page.