Grocery Store Insurance

Grocery Store Insurance

Your Grocery Store is your business. You work hard to maintain the quality of your goods and produce on offer in your grocery store that keeps your loyal customers coming back time and time again. 

You need to protect all the hard work you have put into your grocery store with the right insurance that protects your assets, reduces your exposure to liability and ensures if an interruption occurs, your business can continue to operate and get back on its feet. 

 

What to Look for with Insurance for your Grocery Store?

Public and Products Liability

Public and products liability may provide coverage for your business if a liability event occurs when a customer visits your grocery store. 

 

Insurance For Grocery Stores 

Contents and stock

Coverage for your grocery store for the contents and your grocery stock that you hold. 

 

Money

Working as a grocery store can result in large daily cash holdings. Having sufficient money cover can provide assistance if your daily takings and cash holdings are lost, stolen or damaged. 

 

Theft

Your stock and the contents of your grocery store is a valuable assets and can be a soft target for theft. Theft coverage may protect the stock and contents of your grocery store if your contents and stock is stolen or damaged during an attempted theft.  

 

Business Interruption

When your business is interrupted by an insured event, you may suffer financial loss. Business Interruption Insurance for your grocery store could provide coverage for declines in revenue and coverage for operating expenses when your business is interrupted.

 

Employee dishonesty

Stock shrinkage and theft sometimes occur from within your team of employees. 

 

Machinery and equipment breakdown

Does your grocery store use fridges and freezers to store your produce? What would happen if your refrigeration equipment was to breakdown. With the right insurance, you may be able to cover both the equipment breakdown and its costly repairs in addition to the cost of your spoiled product. 

 

Building Insurance

If you own the building that you are operating your grocery store from, then you need to consider building insurance to enable your building to be repaired or replaced if it is damaged. 

 

Glass Coverage

Does your grocery store have big and inviting windows where you can showcase your products and good? If the windows of your grocery store are damaged, then the replacement costs for these windows can be significant. 

 

Talking further with Insurisk can help you to get the insurance protection you need for your grocery store. 

 

General Advice Warning: This advice is general and does not take into account your objectives, financial situation or needs. You should consider whether the advice is appropriate for you and your personal circumstances. Before you make any decision about whether to acquire a certain product, you should obtain and read the relevant product disclosure statement.

Anush Kumar, Insurisk Solutions Pty Ltd, ABN: 84 616 172 877, AFSL: 233750, AR Number: 1251501, CAR Number: 1251503

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Anush Kumar

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