The business of burial may be macabre, but it’s important to remember that it’s a business nonetheless. Like other professionals, cemetery operators are responsible for everything that happens on their business premises. Without adequate cemetery liability coverage, failure to account for potential graveside disasters can prove costly.
General liability coverage is one of the most common and all-encompassing insurance policies available to businesses. It covers basic third-party risks such as property damage, bodily injury, and medical and legal fee reimbursement. In many industries, general liability is required, but it is highly recommended to everyone hoping to avoid financial devastation in the face of a lawsuit or incident.
If an employee gets injured on the job, workers’ compensation covers the cost of the associated medical bills, legal fees, and lost wages. In most states, businesses are required to carry workers’ compensation insurance. Like general liability, however, this policy is critical to any business’s legal and financial stability.
General liability and workers’ compensation are two of the most essential insurance policies in any industry, and cemeteries are no exception. Speak with an insurance specialist to learn more about cemetery liability coverage options and decide which additional policies, if any, are necessary to keep your cemetery running as smoothly as possible.