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Should You Consider Food Spoilage Insurance

In the restaurant business or the food service business or any business that serves or retails food products, there is always a certain amount of risk associated with dealing with perishable items. There are many different things that can happen that can put your business in a very difficult financial situation. One of those things has to do with the spoiling of perishable foods that you use for your restaurant, deli or grocery store. That’s why a popular type of insurance is food spoilage insurance. If you are in the food service industry yet you don’t have this type of insurance policy, here are a few things that you need to consider.

For small instances where you get a shipment of tomatoes that are rotten, typically you can contact your provider and negotiate a trade for new unspoiled tomatoes. However, if your restaurant or grocery store were to experience a catastrophic power failure that lasted for an extended period of time, you may have large amounts of food that have spoiled. Simply throwing that food away and replacing it with new food can be extremely costly and it may not be an expense that your restaurant or grocery store is prepared to make. In these cases, with food spoilage insurance, you’ll have an insurance policy that can compensate you for your perishable items should they become spoiled and have to be replaced.

If you own a deli, a convenience store, a grocery store or restaurant and you don’t have this type of insurance, you may need to contact your insurance provider and ask if they offer this type policy. If they don’t, you’re not prohibited from going outside of your current insurance company to look for an additional food spoilage policy to cover any spoilage incidents.

Fortunately this type policy isn’t going to cost you a great deal of money. In addition, it’s the type of policy they can give you peace of mind in knowing that if you have to replace your perishable food items, and if the cost is more than you can shoulder, you’ll have an insurance policy that you can rely on to make sure that your food is replaced with the least amount of expense to you and your business. Visit the www.rsi-insurance.com website to know more.