Remove Business Interruption Remove Claim Remove Crime
article thumbnail

Is terrorism covered under an Australian home and contents policy?

Prof. Allan Manning

Last week I posted an article in regard to terrorism coverage under commercial property, and/or business interruption policies. This timeline may be disrupted as I am scheduled to go to Vanuatu to assist with earthquake claims next week. I also touched on commercial liability coverage. ” [ emphasis mine] 1.

article thumbnail

The Importance of Commercial Property Insurance for UK Small Businesses

Protect Commercial Insurance

Such coverage is particularly crucial for businesses with high-value machinery or large volumes of stock that contribute directly to revenue generation. Support in Business Interruption Scenarios Sometimes, when the unexpected strikes, it doesn’t just affect your property; it halts your entire operation.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

A Comprehensive Guide to Understanding Commercial Property Insurance

Protect Commercial Insurance

– Equipment Breakdown : Specifically focuses on essential equipment that supports your business. – Business Interruption : While your premises undergo repair or replacement, this helps cover lost income and operating expenses. Does the local crime rate affect security?

article thumbnail

The Ultimate Guide to Office Insurance: Protecting Your Business Assets

Protect Commercial Insurance

. – Public Liability Insurance : Protects against claims made by third parties for injuries or damages occurring on your office premises. It covers compensation claims from employees in case of workplace injuries or illnesses. – Employer’s Liability Insurance : Required by law if you employ staff.

article thumbnail

Restaurant Insurance in South Carolina: A Broker’s Guide 

Distinguished

Alcohol liability: Serving alcohol is a lucrative business, but it comes with liability risks. Over-serving patrons can lead to accidents, injuries, or property damage, exposing restaurants to legal claims. A fine dining establishment may face different risks compared to a fast-casual restaurant.

article thumbnail

Restaurant Insurance in South Carolina: A Broker’s Guide 

Distinguished

Alcohol liability: Serving alcohol is a lucrative business, but it comes with liability risks. Over-serving patrons can lead to accidents, injuries, or property damage, exposing restaurants to legal claims. A fine dining establishment may face different risks compared to a fast-casual restaurant.

article thumbnail

Restaurant Insurance in Charlotte, North Carolina: A Broker’s Guide

Distinguished

Slip-and-fall incidents: High foot traffic in dining areas and restrooms increases the risk of customer or employee injuries, which can lead to costly liability claims. Employee-related risks: Claims of wrongful termination, discrimination, or harassment can arise, particularly in high-turnover environments like restaurants.