Should I get loss of licence insurance?

If there is a circumstance outside of your control which results in you losing your licence to sell alcohol, loss of licence insurance will provide the cover you need. A bar selling alcohol requires a licence by law, so if the licence was revoked it would have a detrimental impact on the business. The loss of licence insurance is an optional extra, designed to address the reduction in turnover and the costs incurred during the process of regaining a licence.