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You know all the ins and outs of daily supermarket operations, from keeping groceries stocked to conducting price-checks and more. What you may not have considered is getting a supermarket insurance program to protect your store. From general coverage to specific protections, here are some of the benefits insurance can have for grocers of all sizes.
It Can Help Mitigate Grocery-Specific Business Risks
Risks specific to the grocery industry might not be immediately apparent, but there are several you likely deal with on a regular, even daily, basis. When you get supermarket insurance, you can help add a layer of safety against these risks. Some common ones are:
- Foods that expire or are recalled for contamination
- Petty theft or burglary
- Environmental damage to the store
- Unexpected expenses for repairs, restocking or security
The Right Policy Could Include Multiple Coverage Types in One
Rather than shopping for individual types of coverage, you could potentially get them bundled in a specialized package. Many grocers, for instance, opt to get workers compensation insurance, liquor liability coverage, property and liability coverage and more.
Running a successful supermarket involves a lot of meticulous planning, and getting a quality supermarket insurance program can help you protect all of that hard work. Consider securing your store with specialized insurance.
Bonds are used more and more as an alternative to insurance in many industries, which is increasing the demand for them across the board. While they’ve always been popular in construction and a few other niches like financial services, rising costs for business insurance and innovative approaches to bond construction are making it an option for more and more companies that used to be well-served by traditional insurance. So, if you’ve never used bonds to manage risk before, where can you find the surety bond companies you can trust to write robust risk management bonds as you need them?
Bonds By Industry or Purpose
The short answer? Surety bond companies are often insurance companies that also provide traditional risk management services and business insurance policies beyond bonds. If you’re currently working with a large business insurer who provides a variety of industry-specific options, it’s worth inquiring about bonds. Working with the right provider even allows you to get complementary bonds and insurance policies that are designed to work together from day one. If that’s not an option, you can either look for surety bonds by bond function or by industry to find companies that sell them. Often, niche providers focusing on a few bond types offer cost-effective services with more specific provisions than larger companies who serve a variety of products that fit a range of needs, but not always. Shop smart, request quotes from as many providers as possible.
Regardless of your profession, your employer is responsible for any accidents that occur while you are traveling for company business. Though some of those accidents may be covered by standard insurance policies, these travel-intensive fields often warrant additional coverage to account for the higher likelihood that employees will experience illness, injury, or even death on the job.
Countless healthcare workers travel across international borders every year to serve communities plagued by endless war, natural disaster, or deadly infectious disease. These courageous doctors, nurses, and staff members who voluntarily put themselves in harms way in order to save others are covered by business travel accident insurance policies.
2. Media Correspondence
Reporters and journalists often find themselves chasing stories across states, countries, or even continents. Many dedicated correspondents will stop at nothing to get the truth, following work into inherently dangerous situations or regions. This, in addition to increased time on the road and in the air, make those in the media industry viable candidates for business travel accident insurance coverage.
Those who pursue peace and justice conduct business with community leaders all over the world. Business travel accident insurance covers the legal and government officials who risk their lives in order to improve national and international affairs.
Other industries that benefit from business travel accident insurance include education, missionary outreach, and international business. This additional coverage assures your employees and your company that location will never be a barrier to business.