Is Your Company Picnic Covered?

A Business Insurance Review
Many businesses are preparing to have their annual company picnic.  These are great events to gather team members and families together to celebrate, bond and have fun.  Like other company social events, there are a number of actions to consider in order to minimize risks.  Your business insurance policy may cover some of the risk associated with these events, but it is a good idea to have us review the issues and help you understand how best to manage your risk.

Here are a few questions that may help you understand your risk:

• Is the event mandatory?  We recommend that you make these events voluntary.  If the event is mandatory, your business could be held strictly liable.
• Where are you holding the event? It is best to use a third-party location to avoid potential liability.
• Are you serving alcohol? Always hire a third party to manage the alcohol service and require them to have appropriate liability insurance.
• Is there a workers’ compensation exposure? 
  
• Regardless if the event is mandatory or not, if an employee is injured it is likely to be a workers’ compensation claim.

As an Independent Insurance Agency we represent many insurance companies to fit your businesses dynamic needs.  Whether you're a new business or a small business, we can help. Being an Independent Agent means we are not only your agent, but we are your insurance broker as well.  We understand every business and industry is unique, so we will work with you to find the best business insurance coverage at the lowest rate. Contact us today for a free quote.