Owning a tourism business can expose you to various risks you may not even have thought of, any one of which can ruin your business. It's therefore important to know what the relevant risks are and how you can cover yourself against them.
- General Public Liability Insurance: This type of insurance covers your liability against potential injury inflicted on other persons, including your guests. It includes damage to their property while in your care or on your premises as a result of your proven negligence.
- Passenger Liability Insurance covers your liability against potential injury if you are in an accident while transporting passengers (whether on land, sea or air). The amount of cover will depend on various factors, such as the size of the vehicle, and can include road-side assistance, car hire, etc.
- Professional Indemnity Insurance indemnifies you against all sums you may become legally liable to pay if a customer sues you as a result of neglect, error or omission and /or breach of contract in the conduct of your business. This can include costs and expenses in the investigation, defence or settlement of any claim.