The Dish | January 2021

Page 6

INSURANCE

HOSPITALITY INSURANCE GROUP LAUNCHES ‘PAY AS YOU POUR’ PROGRAM

"Especially with the COVID slowdowns, people simply don’t have as much cash in their pocket. It’s a benefit for them to be able to finance the premium with only 10% down."

New Liquor Liability Financing Will Help Seasonal Businesses with Cash Flow Hospitality Insurance Group is launching a new program that will give bars, restaurants, and

any

other

eligible

liquor

liability

by

basing

their

bimonthly

premium

policyholders more flexibility in how they

payments on how much liquor they sell.

pay their insurance premiums.

Premium payments will be lower when sales are

down

and,

conversely,

when

sales

The Pay as You Pour program, offered in

volume

partnership with First Insurance Funding,

contributing more to premium payments.

will help businesses improve their cash flow

The program comes as many in the

is

higher,

businesses

will

be

www.nhlra.com | 5


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