Food and Beverage Insurance

Get all the covers you need under one policy, delivered by a specialist with the right knowledge, experience and market relationships.

Get a quote 01372 724747

The food and beverage industry is home to a diverse array of businesses - from food manufacturers and preparers to ingredient developers, packaging specialists and storage facilities.

Naturally, each has its own set of priorities and faces its own risks - and, therefore, insurance requirements are as individual as every firm.
All this means working with an insurance broker with strong knowledge of the sector is vital to securing insurance cover that is both effective - without gaps and overlaps - and affordable.

As an established insurance specialist, we’ve worked with a wide range of food and beverage businesses over the years and we have the right experience and insurer relationships to secure comprehensive food and beverage insurance cover.

Standard Covers

  • Property damage.

     

  • Commercial liability.

     

  • Worldwide marine cargo.

  • Legal expenses.

  • Pollution.

  • Combined liability.

  • Terrorism.

  • Goods in transit.

  • Money.

  • Business interruption.

Optional Covers

  • Product recall.

     

  • Professional liability.

     

  • Motor fleet.

  • Reputation and brand impact following a loss.

     

  • First and third party cyber and crime.

  • Management liability.

     

  • Business protection.

  • Employee benefits.

  • Product recall.

  • Deterioration of stock.

  • Machinery breakdown.

  • Marine cargo.

Simplicity and ease

At Stonebridge, we have the experience and insurer relationships to secure comprehensive food and beverage insurance cover under a single policy - that means there’s no need to worry about juggling multiple renewal dates and covers.

We’ll work hard to understand your business and help you manage your exposures  - risk management advice and health and safety training are both available. 

Along with access to flexible, knowledgeable surveyors and our strong relationships with insurers, this will ensure we deliver the cover you need.  For instance, we can help you cover grey areas in goods in transit cover by securing stock throughput cover, and specialist cover for cold stores and US exports.

In addition, through our relationship with Marsh, a global leader in insurance broking and risk management, we can offer access to enhanced policy wordings that may not be available from our competitors.

Get a quote 01372 724747

Food and Beverage Insurance from Stonebridge: Who is it for?

As an established insurance specialist, we’ve worked with a wide range of food and beverage businesses over the years.  The firms for which we’ve helped to arrange insurance have included those involved in food manufacturing, food preparation, ingredient development, packing and storage.

Related FAQs

See all FAQs

How much cover would be needed for keyman insurance?

This would depend on your specific business needs which we would discuss together. This could be a multiple of profits, a multiple of salary or turnover. Your accountant would be able to provide this information to you.

How do I know how much shareholder cover is needed?

We recommend you speak to your accountant who will help to establish the value of the business. The amount of cover should equal the market value of each owner’s share of the business.

What is keyman insurance?

It is a life insurance where critical illness cover can also be included to protect your business against the loss of profit should a key employee pass away or be diagnosed with a critical illness. You can also protect against the loss of a key employee to protect a debt, and it could also help towards the costs of employing and training new personnel.

Who could be classed as a key employee?

Key employees can be regarded as individuals whose knowledge, skills, experience, key relationships or leadership are very important to a business’ future financial success. These can be a senior manager, top sales person, technical specialist, business founder.

What is shareholder protection?

Shareholder protection is a life or life and critical illness policy that will pay out a lump sum that the remaining shareholders use to purchase the deceased shareholders shares from their estate.

Who should consider a relevant life policy?

Directors could take out the cover to provide a ‘death in service’ benefit, without having to take out a scheme to cover all employees. It helps to retain employees and ensure should the worst happen, their loved ones are financially cared for.

What is a relevant life policy?

It is a term assurance available for employers to provide employees with a ‘death in service’ benefit. It provides a lump sum payment on death and there can be many tax advantages to both the employer and employee for this type of policy.

What are the benefits of a relevant life policy?

No National Insurance contributions on premiums and corporate tax relief for the business itself. For their employee there will be no National Insurance contributions on premiums or benefits. The benefits are not taxed as a benefit in kind and importantly the benefits do not count towards annual or lifetime allowances tax benefits.

Who can take out a relevant life policy?

UK resident businesses. These businesses can be a limited companies, a limited liability partnership or sole trader. Company directors can take out cover with the limited company paying for this.

How much does keyman cover cost?

The cost would be dependent on the amount and term of the cover, age, smoking status. Please contact us for a personalised quote.

Latest News from Stonebridge