Which Companies Should Be The First To Cover Themselves?

Firstly, let’s just point out that all businesses should have full insurance cover.

No company is immune to risk and even a small business can be faced with large liability bills. However, clearly not all companies are created equal and some need insurance more than others. So which businesses need to prioritize their business insurance over almost everything else?

Catering.
There are some real horror stories when it comes to catering insurance claims. In some instances whole wedding parties have contracted food poisoning, or worse still one cruise ship had a case of food poisoning that effected 75% of the passengers and crew.

Obviously there are many other areas of a catering business that insurance is required for, including making sure there is restaurant insurance to cover everyone and everything inside the eatery.

Beauty.
The work that therapists do is often very hands on and sensitive, which means they need pretty good insurance protection.Every therapist has experience of a treatment that has not gone quite to plan and the customer is not happy or wants some form of compensation.

Most cases are just small like minor skin damage but they can be quite serious sometimes. A well run salon will of course train their staff to the highest standard but also have full beauty insurance just in case.

Travel.
The amount of things that can and do wrong in travel unbelievable. People losing luggage, contracting a foreign illness, leaving their wallets on the beach. There really is infinite possibilities.

It is true that a lot of things are covered under personal travel insurance but travel companies have a whole host of other possible incidences to cover themselves against. It only takes one hotel to get flooded for there to be 400 guests all wanting compensation and somewhere else to stay, with extra food and drink costs and transport to their new rooms.