INSURANCE
PACKAGES FOR THE HOTEL INDUSTRY
Tourism,
one of the country’s largest foreign exchange earners, is centered
around the hotel industry. ICEA
has developed a comprehensive range of insurance packages for hotel
risks, especially those within the medium to large size categories.
The
Mega Hotel Ultimate Insurance Package: An all-embracing package
to meet insurance needs of the large-scale hotelier
The
Megahotel Ultimate Cover - to use its shorter brand name - is
just the ideal product for the large hotel chain, or the single
international class hotel. It
provides the widest possible cover to cater for the hotelier’s, or
hotel operator’s, risk exposure.
Apart from the standard risks - i.e. fire, consequential loss,
burglary, loss of money, personal accident, infidelity of employees,
etc - it also caters for
special risks, many of them having specific application to the large
hotel business, including:
- Deterioration
of Stock - damage of perishable food stocks following
interruption/damage to refrigeration equipment
- Book Debts
- Guests and
Visitors Effects
- Car Park
Liability
- Effects of
Environmental Impairment (i.e. contagious diseases; pollution;
infestation by vermin, etc)
- Effects of
Murder or Suicide
- Food and
Drink poisoning
- Prevention
of Access
The
Megahotel Ultimate Cover is supplemented by a specialized Hotel
& Related Risks Public Liability Policy, which is custom made
for this type of business - including risks associated with game parks
and safaris.
The
Mid-Size Hotel & Innkeeper’s Policy:
The simplified, customized policy for the medium size hotels,
game lodges, motels and inns
The
cover afforded under this policy is almost as wide as that obtainable
under the Megahotel Ultimate Policy, except that it has been
simplified and restructured,
for ease of interpretation and application, to suit the smaller hotel
and other hospitality facilities and institutions.
In
addition to hotels, the supplementary specialized Hotels & Related
Risks Public Liability Policy is also designed to respond to the
unique insurable liabilities associated with:
- Health
Clubs
- Social and
Members Clubs
- Sports
Clubs
