Public Liability / Business Insurance

Public Liability*

There are many accidents that can happen in a restaurant environment. As a business dealing with customers and suppliers, it might be time to consider your Public Liability insurance.

Public Liability insurance is designed to provide protection for you and your restaurant business in the event a customer, supplier or a member of the public is injured or sustains property damage as a result of your negligent business activities.

Business Insurance*

There are a variety of different types of insurance cover available as what is commonly referred to as business pack insurance. Take a look at some of the main insurance products available for your restaurant business

Building and Contents

Building: Covers your building if it is damaged as a result of a fire, storm, malicious activity or another defined event listed in the policy.

Contents: cover for loss or damage to items such as business equipment, stock, plant and machinery, records, and furniture belonging to you at the insured location (this does not include theft cover).

Machinery Breakdown

Machinery breakdown insurance* covers the cost to repair or replace specified machinery following a breakdown

Business Interruption Insurance

Business interruption insurance* provides cover for the loss of income and increased costs of operating your business caused by a specified insured event (such as property damage or fire).  It is also designed to help your business recover from an insured event by paying ongoing expenses (ie wages or rent).

Management Liability

Management Liability insurance is designed to provide protection to the business and its directors or officers for claims of wrongful acts in the management of the business.

Cyber Insurance

Cyber liability insurance is a type of business insurance product, which protects your business against the legal costs and expenses (including compensation payments) related to cybercrime incidents. Your coverage may generally include cover for expenses and legal costs relating to data breaches, theft or loss of client information, business interruption costs, forensic investigation, data recovery, extortion, fines and penalties, crisis management costs (to restore your businesses reputation after an attack or data breach) and legal costs from any ensuing civil action taken against you or your company.

Tax Audits

Cover for accountants’ fees incurred in connection with an audit by the Australian Taxation Office.