Business insurance includes a range of different types of covers which can protect your business against losses which may occur due to normal activities, and will cover a compensation claim. Different covers relate to different risks, inlcuding legal liability, property damage and employee-related issues. Business insurance helps you to keep your financial future secure.
If you have people in your employment, you legally have to take out employers’ liability insurance. Aside from this, most businesses have a choice whether to take out other types of cover. However, business insurance can ensure stability and saftey through:
- Public liablity cover, which is used to protect you from claims for the smallest slip-ups
- Securing contracts with clients
- Additional protection for stock, business interruption, equipment, contents and buildings, should you hit a crisis that threatens your trade.
Our partner for business insurance, Simply Business, are specialists in insurance for small business. They allow you to compare business insurance quotes tailored to what you require.