Brewery Insurance

Selling a Brewery Insurance Checklist

Selling or buying a brewery means insurance needs to be handled carefully. Cover can lapse, claims can be disputed, and the buyer will often ask for proof of what has been in place.

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For buyers

For buyers

  • Arrange cover from the day you take over
  • Check the sums insured against the sale price
  • Review the existing policy for gaps
  • Make sure licences and permits are matched on the policy

Example

How cover can respond in practice

A brewery sells on 1 July, but the seller cancels their policy on 30 June. A fire on 2 July occurs before the buyer’s cover starts. The buyer carries the loss. Aligning dates would have avoided this.

For sellers

For sellers

  • Keep cover in place until settlement

  • Provide claims history to the buyer

  • Check run-off cover for past work, such as product liability

  • Update stock and equipment values for the sale

Before you call

Questions to think about before you call

  1. 01

    When is settlement?

  2. 02

    Is it a share or asset sale?

  3. 03

    Are there any open claims?

FAQs

Usually not. The buyer needs their own.

You might need run-off or discontinued products cover for past products.

Yes. We review insurance and claims history.

Stock values should be agreed and insured.

Contact us

Want us to review your cover?

Send us your policy or tell us about your business and we’ll go through it with you.

Ideal Insurance Brokers · Phone 02 8660 2305 · Email admin@idealbrokers.com.au

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