As a takeaway business, you can often face greater risks than other food establishments due to your opening hours, the nature of your clientele and the preparation of food to take away from the premises. This is why many insurers offer specialist insurance that will take into account these risks and needs. Some providers do include it their retail, restaurant or catering insurance. Below we have explored the insurance products that specifically state that they include takeaway businesses.
The table below gives a quick comparison of the top UK providers for takeaway insurance.
| Company | Minimum cover | Maximum cover |
|---|---|---|
| RSA | £2 million | Not stated |
| Lloyds Banking Group | Not stated | Not stated |
| Liberty Mutual | Not stated | Not stated |
| Versatile Insurance | Not stated | Not stated |
| Touchstone Underwriting Limited | Not stated | £10 million |
* The facts and figures included here come from each company’s website and were accurate at the time of writing but may have since changed. Also, please keep in mind these may not be apples to apples comparisons as each provider offers different solutions. This guide should be used as a starting off point for more research on your part.
Below we profile each of the companies’ services and features in a bit more detail.
Note companies are ranked in no particular order and this no way indicates one solution is better than another.
Topics
1. RSA
Some of the features and benefits of RSA’s takeaway insurance.
- Shop Insurance
- Suitable for takeaway food outlets
- Provides standard cover
- Choice of optional extras
- Offers buildings cover or tenant’s improvements cover
- Unspecified all risks
- Trade stock
- Chilled and frozen food
- Money cover
- Public and product liability
RSA is an insurance provider that offers a variety of business insurance products which are either tailored to meet the needs of a range of specific professions and sectors or standalone generic products. Their tailored products include Shop Insurance which is designed to meet the needs of a variety of businesses including takeaways and food outlets.
RSA’s Shop Insurance offers a range of standard cover which includes buildings or tenant’s improvement cover, unspecified all risks, trade stock, chilled and frozen food, goods in transit, money cover, public and product liability, loss of liquor licence and business interruption. Optional cover includes legal expenses, personal accident and fidelity guarantee.
2. Lloyds Bank
Some of the features and benefits of Lloyds Bank’s takeaway insurance.
- Specialist Café and Takeaway Insurance
- Flexible cover
- Public liability insurance
- Employer’s liability insurance
- Buildings cover
- Contents insurance
- Shopfront cover
- Business interruption
- Offers quick and easy online quotes
- Provided in partnership with Arthur J. Gallagher
Lloyds Bank is a financial provider that also offers a variety of business insurance products in partnership with Arthur J. Gallagher. Their product range offers a wide range of speciality products tailored to specific trades and professions which includes Café and Takeaway Insurance.
Lloyds Bank’s Café and Takeaway Insurance offers flexible cover that enables you to build the cover that you require. Their cover can include public liability insurance, employer’s liability insurance which is a legal requirement, buildings cover if you own the building, content insurance, shopfront cover which includes damaged glass and signage, and business interruption cover.
3. Liberty Mutual
Some of the features and benefits of Liberty Mutual’s takeaway insurance.
- Restaurant Insurance
- Includes fast-casual or quick-serve restaurants
- Specialist cover to protect both the business and its reputation
- Provides industry-specific risk control services
- Includes incidents such as kitchen fires, foodborne illness, slips and falls
- Property cover
- Liability cover
- Liquor liability
- Business interruption
- Only available via a broker or independent agent
Liberty Mutual is an insurance provider that offers a range of property and casualty-based insurance products for businesses in a variety of industries. Their insurance is only available from either an independent agent or broker. They offer a range of tailored insurance products that are designed for specific trades and professions, this includes Restaurant Insurance which covers fast-casual or quick-serve restaurants.
Liberty Mutual’s Restaurant Insurance provides flexible cover that is designed to protect the business’ livelihood and reputation. Their cover includes general liability cover, property cover if you own the premises, commercial auto insurance, liquor liability insurance and business interruption.
4. Versatile Insurance
Some of the features and benefits of Versatile Insurance’s takeaway insurance.
- Catering Insurance
- Covers a variety of catering businesses including takeaways
- Flexible cover
- Public liability
- Products liability
- Employer’s liability
- Business equipment
- Stock
- Personal accident
- Catering vans or trailers
Versatile Insurance is an insurance provider that offers a wide range of business insurance products which are designed to meet the needs of small businesses. Their product range provides specialist cover for specific trades and professions including Catering Insurance which covers takeaways, cafes, restaurants, mobile and event catering.
Versatile Insurance’s Catering Insurance has been designed to offer flexible cover that allows you to select the cover you require. They can include a variety of insurance cover including public liability, product liability, employer’s liability, business equipment, stock and personal accident. They also offer cover for catering vans and catering trailers.
5. Touchstone Underwriting Limited
Some of the features and benefits of Touchstone Underwriting Limited’s takeaway insurance.
- Restaurants, Takeaway, Pubs and Guest Houses Insurance
- Suitable for independents and chains
- Public and products liability
- Employer’s liability
- Money cover
- Deterioration of refrigerated stock
- Goods in transit
- Loss of licence
- Business interruption
- Option to include extra cover
Touchstone Underwriting Limited is an insurance underwriter that offers a range of business insurance products. One of the areas that they specialise in is hospitality and leisure which include specialist cover for restaurants, takeaways, pubs and guest houses.
Touchstone Underwriting Limited’s Restaurant, Takeaway, Pubs and Guest House Insurance provides a broad range of standard cover and the option to add extra cover. The cover includes employer’s liability insurance of £10 million and public and product liability cover at £2 million with the option to increase in up to £10 million. They also cover money, deterioration of refrigerated stock, goods in transit, loss of licence and business interruption.