The economy is good, population is growing, disposable income is on the rise, and everybody likes to have fun. This niche is varied in the type of risks that fall into it and programs that answer the coverage issues. The markets listed provide coverage for one or more of these risks. Available markets will be listed. Overall, these classes of business contain several similarities.
Financial status is very important.
Pro formas and financial statements may be required and be an underwriting factor for acceptance. Especially true in the larger facilities is the need for established procedures regarding safety regulations, evacuation plans, and first aid administration. These should be in written form and, if possible, accompany your submission. Most of the leisure classes also will contain exposures of the same nature. Snack bars, cooking facilities, and liquor exposures can be found in amusement parks, bowling centers, miniature golf, and tennis and racquetball centers.