Trustco introduces a new product: Guest-inn-Sure

13 July 2010 Trustco Financial Services

The Guest House / B’nB / Lodge
Insurance Policy

A Trustco Intermediary Solutions product

INTRODUCING Guest-inn-Sure

We understand that our Intermediaries have to constantly adapt to the ever changing requirements of their clients. That is why we have launched our Guest-inn-Sure policy. In one policy, you can now cater for both the personal and business needs of the owner of a registered guest house, bed and breakfast and lodge establishments.

It is important to remember that an ordinary home policy for buildings and contents is not always adequate as a domestic policy will cover the basics, however, it will not take the liabilities into account that a specialist guest house type policy would. Our Guest-inn-Sure product ensures business owners are protected against everyday perils as well as unusual ones that could end up crippling them financially. With some of the most comprehensive cover available, we are confident that you will be happy with the peace of mind and value for money this product offers.

Some reasons why Guest-inn-Sure is the insurance policy to have:

*  Cover for guests personal belongings
* Cover for loss of income in the event of fire, storm or flood
* Damage to property or theft by guests
* Guest(s) sues for food poisoning
* Guests leave without paying the “bill”
* One insurance policy covering your establishment and personal property
* Flexible cover to suit your individual insurance requirements:

* You may opt for “Basic Fire and perils” on its own without taking any theft or any other optional or extended cover.

* Or in addition to the “Basic Fire and perils” you may add any of the following sections:

* Office contents
Contents cover can be included under your guest house policy for an additional premium. Although this is optional cover, it’s definitely advisable to insure your contents - your establishment’s contents as well as your personal contents.

* Business interruption
If your property is damaged by one of the insured perils, (e.g. a fire breaks out and you are unable to let any rooms out for 12 months whilst the property is being repaired) you will lose out on your income due to the rooms not being let out. This section will reimburse you for your financial losses.

* Money
This covers money, crossed cheques and postal orders kept at the premises during and outside of business hours which may be stolen or damaged by one of the standard perils.

* Glass
The building section will normally cover glass in windows or internal doors, while contents cover will cover the glass in fixed items like a display cabinet. If you don’t own the property then you may be responsible for damage caused to window panes and will need this cover.

* Fidelity
This section of the policy covers money or goods of the insured stolen by an employee who causes a financial loss to the insured.

* Other section available under this policy:
Buildings combined
* Accounts receivable
* Theft
* Business All Risks
* Accidental damage
* Public Liability
* Employers’ Liability
* Personal Accident
* Group Personal Accident
* Motor
* Electronic Equipment
* Domestic Building
* Household Contents
* All Risks
* Personal Liability

For more information on the product and benefits, please contact Joey Venter in our Commercial department on (011) 644 6622 or email her on

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