Why Get Insurance Cover For An I-Café

This article is the first in a series about insuring an i-café against risks inherent in the business. An i-café, just like many businesses, is exposed to many risks that could seriously affect  and in some cases abruptly ends its operation. Fire and other natural perils like flood, lightning and earthquake are some of the common risks that an i-café business has. Also, being some sort of a public place where anybody can just enter and look around under the pretense of being a customer, i-cafés are targets of robbers, burglars and thieves. We often hear a customer or a shop tender himself losing his cell phone inside an i-café. Sometimes, customers and the i-café itself get robbed of their money and valuables by a gang of two or more. But the worse is when an  i-café gets its locks cut and all PC units and accessories get hauled by the so-called 'bolt-cutter' gang.

How do you protect your customers against the above-mentioned risks and your investment against fire and allied perils as well as incidence of robbery and burglary? What must you do to avoid being an unwilling victim of such wrongdoing of your fellow men? Many ways and methods had been mentioned in many forums like this. Some say a trusted guy sleeping inside the shop during its non-operation hours is best. Others install surveillance security system to record everything; but if inspite of all those measures, the bad thing still happen, would you not blame yourself why you did not insure your café?

The surveillance system that you installed will record the faces of people who robbed you, the police may be able to catch them using the images recorded by your system but will you be able to get back your units? How will you recoup your losses? This is where the insurance cover must come in. If properly insured, you can claim your losses against the insurance and have your i-café operating again in no time at all. The premium you pay to cover your investment against the risks of losing them is money well-spent.

Insurance is, for most people, an unnecessary expense. Why spend on something that you do not like to happen? We spend money on things we like, isn't it? Sad to say, that is not the case of money spent on an insurance policy. When nothing bad happens, you might think you just lose the money you pay to the insurance company.