Spectra Food & Beverage Insurance

Let Spectra Food and Beverage plan take care of the unexpected so you can continue to focus on your food business. Choose from these plans:

STALL PLAN caters to stalls in food courts and canteens with no public access into the premises after business hours.

BENTO PLAN is specially designed to cater to other F&B establishments such as restaurants, eating-houses, cafes, including catering and take-away outlets like delis, bakeries, confectioneries and dessert parlours.

Coverage

All Risks

Covers against accidental physical loss of or damage to your property insured, which may include Furniture, Fixtures & Fittings, Equipment, Stock in Trade as well as Plate Glass. Deterioration of Stocks kept in refrigeration units contained in your premises up to limit allowed according to the Plan applicable to your business

Consequential Loss

Pays daily cash up to 120 days during the period of business interruption resulting from fire and other perils to the insured premises. Extension to cover closure of your business by the relevant public authorities consequent upon poisoning directly caused by the consumption of food or drink provided at the insured premises.

Money

Compensates you for the loss of money whilst in transit anywhere in Singapore or when it is kept within your business premises. 

Personal Accident

Provides 24 hours worldwide protection on the life of employer(s)/ employee(s) against death or permanent disability including medical expenses incurred in the event of an accident. 

Public Liability 

Take care of your legal liability for accidental bodily injury or property damage to a third party in connection with your business. Liquor Liability up to S$250,000 (Applicable for Bento Plan only)

Goods-In-Transit 

Protects you against loss of or damage to insured property whilst in the course of transit by any vehicle owned by or hired by you. 

Legal Expenses 

Covers your legal expenses incurred in connection with your business, including reimbursement of legal expenses in respect of Personal Data Protection Act. 

Fire and Extraneous Perils on Building 

Protects against loss or damage to the building structure as a result of fire, lightning, malicious damage and sprinkler leakage.

Fidelity Guarantee 

Eases your worries for losses arising from dishonest acts of your employees.

Work Injury Compensation 

Protects employees for work-related injuries and occupational diseases sustained in their course of work.

For full coverage (Spectra Food & Beverage Brochure)

Features

  • 10% No Claim Discount off the renewal premium if there is no claim during the preceding 12 months
  • A one-time 10% Chain discount off the first premium if 3 or more chain outlets are insured under Spectra.

Exclusion

  • Bars and discotheques
  • Nightclubs
  • Karaoke lounges and pubs
  • Push-carts
  • Mobile kiosks
  • Coffee shops
  • Wet/Dry markets
  • Hawker centres
  • Floating restaurants

 

This plan does not cover risks:

  • Outside of Singapore with exception of the Personal Accident section
  • Premises not of brick/tile/concrete construction
  • Property kept in the open or without perimeter fence and/or security outside business hours

Important Notice

Policy Owners’ Protection Scheme

This policy is protected under the Policy Owners’ Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (SDIC). Coverage for your policy is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please visit www.sompo.com.sg/FAQ or the GIA / LIA or SDIC websites (www.gia.org.sg or www.lia.org.sg or www.sdic.org.sg)


Disclaimer                                                                 

The product information detailed in this section does not outline all aspects of cover nor does this serve as an insurance contract. Please refer to a copy of our policy wording, which is available on request, for details of the coverage conditions and limits; or contact our Sompo authorised agent or your insurance broker for more details.

  Download Center

  Online Help

  • You might also be interested in

    FAQs
  • Need more help from us

    Contact Us