Insurance policies for leisure businesses struggling in lockdown
The current economic shutdown has created a critical threat for many businesses in the leisure and sport centre sector – bills are piling up, but the income streams to pay them have been cut off.
Paul Jeffries, a spokesperson from insurance intermediary Rerusni, said: “Balancing the requirement to keep essential insurance cover in place with no current income is a drain that leisure business operators don’t need right now. We understand that what business operators need are fast and simple solutions that allow them to cut overheads while maintaining future viability.”
Rerusni (the name is a play on the spelling of insurer), which was set up by commercially minded and experienced small business owners, arranges business insurance, including premises, contents, public and employee liability cover, as well as directors, officers and professional indemnity insurance, if needed. The company’s new 15-month policies offer zero premium payments for the first 3 months, plus the option to pay via instalments from month 4 with no interest charges.
This insurance cash-bridge aims to help business owners and operators in the leisure and sports centre sector to both stay covered and protect cashflow. Importantly, Rerusni’s tailored policies for business premises also waive the occupancy and utility cancellation requirements usually associated with typical policies – helping businesses to be ready to reopen when the time comes.
“While the long-term economic fall-out from the current coronavirus crisis may still be unclear, switching to Rerusni is an easy step business owners and operators can take to cut overheads, shore up business resilience at this difficult time and help businesses survive for the future,” said Jeffries.
Rerusni is a trading name of Ensley Limited. Ensley Limited is an appointed representative of MGA Managers Limited which is authorised and regulated by the Financial Conduct Authority.