Do you ever wonder how you’d cope without your alcohol licence? It’s a scary thought. The good news is you can add loss of licence insurance to a policy arranged through us. It’s simple to sort out and protects you financially if disaster strikes.
Losing your legal right to sell alcohol, while unusual, would have a pretty significant effect on most outlets that sell it. For dedicated off licences it could be disastrous, and could might mean shutting up shop entirely. There are a number of reasons why shopkeepers lose their licence, often through little fault of their own. Local crime, public safety and public nuisance can all play a part.
At Small Business Direct we look after all types of shops that hold alcohol licenses; from mini marts and convenience stores to off licenses and wine merchants. The most important cover we arrange protects you for any fall in gross income or reduction in value of your business or premises, as a result of losing your licence. We can also help cover any accounting and auditing expenses and most insurers will pay out on other reasonable costs and outgoings.
It’s worth noting, however, you may not receive compensation if you fail to carry out your normal duties as a licence holder, or allow the building to become unfit or unsanitary.
