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Hotel Insurance “Hotel Shield”

insurance for hotels

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Comprehensive Insurance Plans For Hotels

As a hotel owner in Cyprus, you know that providing your guests with a safe and secure environment is paramount. However, despite taking all the necessary precautions, unforeseen events such as theft, natural disasters, or accidents can occur, leading to significant financial losses. That's why having the right insurance coverage is crucial for protecting your business from potential risks. Trust offers a specialized Hotel Shield Insurance plan that covers various dangers, including fire, burglary, and liability claims. With Trust's comprehensive coverage, you can focus on offering your guests a top-quality experience, knowing that your financial security is protected. Get a quote today.

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Why TRUST Hotel Insurance

All Risk

Against All Risk, which is the most comprehensive form of Insurance. The insurance coverage and free benefits provided cover almost all of the risks that a Hotel is threatened with

Complementary risk inspection and evaluation assessment

We provide complimentary inspection and risk assessment of your business by our specialised trainers

Flexible Insurance Policy

Ability to prepare your insurance tailored to your needs

Who Is This Insurance For?

Aimed at Hoteliers and Tourist Managers.

hotel insurance

Coverage Of Hotel Insurance

It covers Loss or Damage against all Risks not excluded from the Policy or against Named Risks:

  • Fire
  • Thunderbolt
  • Explosion
  • Strike
  • Riot and Civil Unrest
  • Malicious Damage
  • Earthquake or volcanic eruption
  • Explosion, or Water tank overflow, Fuel Device or Pipe
  • Crash of an aircraft or other flying device
  • Theft or Attempted Theft accompanied by Forced Entry or Exit
  • Impact on buildings
  • Storm, Cyclone, Typhoon, Storm, Flood or High Tide
  • Falling Trees or Branches
  • Smoke
  • Water Leakage

Extensions

  • Removal of debris
  • Professional rights
  • Property in open spaces
  • Public authorities
  • Temporary transfer
  • Automatic coverage
  • Seasonal growth
  • Omission by negligence for insurance
  • Services
  • Fire-fighting equipment costs
  • Keys and locks
  • Water meter
  • Manhole
  • Detection and access
  • Fire Department damages to yards/gardens
  • Short circuit

Extra Coverage

  • Consequential Damage (business interruption)
  • Money
  • Glass panes
  • Personal Accidents
  • Third Party Liability
  • Product Liability
  • Freight in transit
  • Contamination of frozen goods
  • Employer Liability
  • Employee Dishonesty
  • Cyberspace

Hotel Insurance FAQ

What’s included in the insurance?

It is a multi-insurance policy exclusively for Hotels and Resorts. It can cover material damage to your property such as building, furniture, machinery, equipment and merchandise combined with 11 other important insurance coverage's.

What are the requirements for this policy?

To provide all the information required in the insurance policy or any other Form

  • Pay the premiums according to the payment plan as listed on your insurance policy table
  • Notify the Company immediately if there is a change in the use of the property or a change of ownership of the insured property
  • Keep the insured property well maintained
  • Take reasonable precautions to prevent or reduce damage
  • Inform the Company immediately in case of damage
  • Send in writing all necessary information including any supporting documents
  • Comply with the terms of the insurance policy

Am I covered only in Cyprus?

  • To the address provided
  • For the Employers Liability (if chosen) within and outside of Cyprus but limited only to Cypriot residents.

What type of coverage does hotel insurance provide?

This specific insurance may offer All Risk cover (depending on your choice) which is the most comprehensive insurance plan. The coverage and additional benefits provided include almost all the risks that a hotel is threatened by. Consult with a Trust insurance agent and learn about all available options.

Do hotels need liability insurance?

Yes, hotels need public liability insurance, which can provide cover if a guest is injured on the premises, or if the hotel is held responsible for another guest accident. This coverage can help protect the financial stability of the hotel by paying for legal fees, medical expenses, and other costs associated with legal claims that may arise.

What is property insurance, and why is it Important for hotels?

Property insurance covers damage to a hotel's physical property, such as the building, equipment, and inventory. This coverage is crucial for hotels because it can help pay for repairs or replacement of damaged property in the event of a fire, storm, theft, or other covered events.

Would you settle for anything less than the best? Look for it...We are waiting for you!

or call us now at +357 22 050 100
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Hotel Insurance “Hotel Shield”