Liquor liability insurance is business coverage that protects your business against loss or damages claimed as a result of a patron of your business becoming intoxicated and injuring himself or others. If your business manufactures, sells, serves or facilitates the use or purchase of alcohol, then your business will likely need this coverage. Liquor liability coverage may be sold as an add-on to a commercial liability policy or as a stand-alone policy. But, if you do not purchase this extra coverage, your standard commercial general liability policydoes notprotect your business against liquor-related claims.
Liquor liability insurance is business coverage that protects your business against loss or damages claimed as a result of a patron of your business becoming intoxicated and injuring himself or others. If your business manufactures, sells, serves or facilitates the use or purchase of alcohol, then your business will likely need this coverage. Liquor liability coverage may be sold as an add-on to a commercial liability policy or as a stand-alone policy. But, if you do not purchase this extra coverage, your standard commercial general liability policy does not protect your business against liquor-related claims.
Why Do I Need Liability Insurance?
Good liability risk management can reduce the chances that your business will be sued, but it can never eliminate the risk entirely. You or a member of your organization can make a mistake that injures someone or damages property. Your mistake could harm the reputation or interfere with the privacy of a customer, client, competitor or member of the general public. When such injuries occur, you may be legally liable to pay damages to someone who suffers a loss due to your actions or inaction.
Depending on the degree of harm and the number of people injured and/or value of property damaged, a lawsuit could bankrupt your business. Even if your organization is ultimately cleared of any wrongdoing, a determined plaintiff can keep you tied up in legal proceedings for a long time, entailing significant cost to defend yourself. Liability insurance pays the cost of your defense and protects your assets.
How Are Liability And Damages Determined?
Everyone in society has a duty to take reasonable care that his or her actions do not injure others. The same rule applies to business entities. Not repairing a pothole in a parking lot, not lighting a dark stairway, failing to train workers how to do their jobs safely and legally or failing to provide directions for the safe use of a product can constitute negligence if a client, customer or member of the general public is injured as a result. The legal meaning of negligence is a failure to exercise reasonable care.
If the parties do not agree to settle a liability lawsuit, there may be a trial. Or, the parties may agree to use some alternative means of dispute resolution, such as arbitration, and be bound by the arbitrator’s ruling.
The law of the state where the lawsuit is filed sets the rules for the determination of liability and damages. The amount of damages imposed in any particular case is, of course, in part a function of the economic losses the plaintiff can prove he or she has endured due to the defendant’s negligence. In some states, plaintiffs may also be awarded damages for
Your vacation supplies must include a first-aid kit.
Have it available while traveling and take it with you whenever you go walking, hiking, or any activity that takes you away from civilization. You can use just about any type of container for your first-aid kit. It’s best if the container is lightweight, like plastic, and has a good lid. A handle can be useful also. A small toolbox, lunchbox, fishing tackle box or even kitchen Tupperware would work.
You should have some sterile gauze with adhesive tape and scissors to cut them. Make sure the scissors are sharp. Also multiple sizes of band-aids. Tip: Sanitary napkins are sterile and make good compresses to stop bleeding.
To clean cuts and wounds include antibiotic cream, hydrogen peroxide and antiseptic wipes.
Consider including aspirin and acetaminophen, instant cold packs, calamine lotion, and hydrocortisone cream.
If anyone is taking prescription medicine to be sure to bring enough for the whole trip.
The first-aid kit is a good place to store a list of emergency numbers along with your medical insurance information.
It’s always a good idea to have a first-aid manual on hand and review it before you leave. This way you will be much more prepared should a situation arise where you need it. This is an excellent opportunity for children to learn a little about first-aid so review the manual with them too.
Other miscellaneous items that could be helpful are a thermometer, latex gloves, tweezers and flashlight with spare batteries.
Keep your vacation first-aid kit easily accessible at all times but away from small children.
All of us at TWFG Khan Insurance Services-713-388-6681 wish you safe travels and please feel free to email or call us should you require any additional insurance for your trip.
There is no doubt that employment liability (EPLI) claims are a major issue for most businesses. Lawsuits from employees have risen over 300% in the last 10 years. Here is why you need to make Employment Liability part of your commercial insurance program. The average cost to settle an EPLI claim out of court is $75,000. The average employment award in 2018 was over $215,000. There are a few things employers can do to limit or reduce the likelihood of having an EPLI claim.
Start in the application stage. Make sure your employment application does not ask anything that might be discriminatory in nature. Have a place for the applicant to sign allowing credit, personal, and criminal background checks.
Have clearly stated job descriptions outlining job duties, skills required, and physical demands.
Provide training for all supervisors and managers annually.
Have a clear sexual harassment and discrimination policy.
Require all employees to sign a statement that they have read the employee handbook and agree to follow all rules and directives.
Develop a code of ethics policy. This tells employees that they shouldn't do certain things, like giving kickbacks and engaging in other ethical violations.
Have a clear anti-retaliation policy stating that the business will not retaliate against employees over accusations of discrimination or harassment.
Do annual performance reviews and outline any issues or corrective action needed to increase performance or relationship issues with other employees.
Document all conversations with employees and keep in their employment file.
Make sure policies are in compliance with employment laws and implemented: Title VII of the Civil Rights Act of 1964, Age Discrimination in Employment Act, and American Disabilities Act.
It may be best to use an HR specialist or attorney to review your program. If you purchase EPL Insurance you may have some of these services included within your coverage. We can design a specialized package according to your property, liability, and casualty needs. We are also proactive in identifying any factors that may increase your premiums or change your risk, and provide consulting and risk management options to protect your business. We are ready to help you better understand your risks. Please call our office today.
Enhance Your Policy With Some of These Options:
Employment Practices Liability can cover your business if discrimination, sexual harassment or wrongful termination claims are made by present, former or future employees.