Perhaps you are a contract caterer who works on-site at a construction site. Alternatively, you might run a mobile unit such as a burger van, an ice cream truck, or a tea and coffee trailer to complement your existing business. You are well aware of the risks involved with the catering industry, no matter what area of the company you work in.
Catering Insurance Is Required For Some Reasons
Food poisoning may be caused by contaminated ingredients (of which you may be ignorant) or inadequate cooking (and how many things can you think about at the same time while you’re dealing with a line of clients waiting to be served?). Moreover, when there is boiling water or hot fat about, there is the danger of burns and scalds. Here comes how important the insurance for caterers is.
Accidents Do Happen, Anywhere, Anytime
People, on the other hand, are less inclined these days to see an accident as an accident in the first place. You can bet they’ve seen the commercials on television. “No win, no fee,” as the saying goes, is well understood by them. So even if it is not your fault, if your customer falls ill or experiences an accident, you may find yourself facing a slew of unpleasant legal bills that you were probably not prepared to cover.
The right insurance for caterers package, which includes public liability insurance, can cover you not only against legal expenses but also against the whole amount of any compensation award issued in your favor (which, if you’re uninsured, could easily wipe out your entire company’s profit margin).
Are there any other insurance policies that you should think about purchasing? Starting with the basics, if you have employees, you are required by law to have employers’ liability insurance, with only a few exceptions. In addition, there are severe consequences for failure to comply with the law. Furthermore, bear in mind that the legal definition of the word “employee” is broad. As a result, do not assume that the law does not apply to you just because you employ people on a casual or part-time basis; rather, consider the following:
In addition, you may want to consider including coverage for your catering equipment in your caterer insurance policy as well. Consider the following scenario: if a pricey item breaks and you are unable to pay to replace it promptly, you may be forced to close your company for a lengthy period of time. Would you be able to cover your bills in such a situation? When it comes to insurance plans, it might be difficult or impossible to determine exactly what each one covers and what it does not. In such circumstances, it is important not to overlook the possibility of uncertainty. In the event that you don’t contact the company and make sure that you comprehend all of the fine print, your premiums may be a waste of money. You may be eligible for caterers insurance if you are a member of a reputed caterer’s association. Many of these memberships provide insurance for catering trailers as part of the package.