Employers liability insurance protects you, your business and your employees, if a member of staff makes a claim. For example, a member of staff falling off scaffolding, or an office employee tripping over a cable and breaking their wrist. If you have premises – like a shop or an office – our business contents insurance will protect you up to the level of cover you choose. Remember to take into consideration, the value of your stock, shop front and contents.
Small business insurance is a way to protect your business from financial losses, such as compensation claims, property damage and theft. There are different types of cover available to suit your business needs. Depending on the type of business you run, you might work from home, in an office, at your shop, a client’s premises or a shared working space. If your working premises became unusable due to an insured event like a fire or flood, business interruption will cover the costs of relocating until it’s fixed. It can also cover you for any lost turnover during this time if you’ve insured your premises or business property with us.
Tools And Business Equipment
Public liability insurance protects your business against accidental injury and property damage claims from your customers, visitors or people you visit. Most businesses with employees need to have at least £5 million of employers’ liability insurance. It also depends on the nature of your work, and whether clients, contracts or regulatory bodies specify a particular level of cover.
- Public liability insurance is an important cover for lots of businesses.
- Employers’ liability insurance covers the costs that you are liable to pay if an employee becomes ill or suffers an injury as a result of the work they do for you.
- Employers’ Liability Insurance If you have employees ‐ unless they’re related to you ‐ it’s a legal requirement to have this cover in place.
- We’ll pay a lump sum of £50,000 if there is an accidental death, accidental loss of limbs or sight, or if someone in your business becomes permanently disabled following an accident.
No matter what type of business you own, it’s important you understand the risks your business could face, so you aren’t left out of pocket if something unexpected happens. We also have an imaginative and quality professional ‘in-house’ marketing and public relations division to promote our message to the business community. We have developed our own unique range of quality insurance products, which has given the business a competitive advantage in several areas. Being in control of the entire process, from enquiry to policy issue, has allowed our business to deliver service levels hitherto unimaginable in this sector, or indeed for a business of its physical size. Business Income Insurance If you need cover for financial loss in the event of accidents, crime or natural disaster. Public Liability Insurance Protects you if a member of the public or visitor to your premises suffers injury or property damage.
The best way to find out how much it would cost to insure your business is to get a quote online – it only takes a few minutes. And when you’re ready to buy, you can pay annually, or to help spread the cost, you can choose to pay monthly . An excess is an amount you pay towards any claim you make on your insurance. For example, if your excess is £250 and you make a claim worth £1000, your payout will be a maximum of £750. You can build your policy from a range of different covers to suit your individual needs.
The level of cover you need will depend on the type of business you own. As no two businesses are the same, it’s important that you get a policy that is right for you and covers exactly what you’re looking for. While not required by law, bear in mind that some clients might ask for proof of certain types of insurance, like public liability insurance, before giving you work.
From slips and trips to workplace illness, even if you and your business are not at fault, costs can start to add up without a policy in place. If nothing with your business has changed during your time insured with us, then you don’t need to get in touch with us regarding your renewal. However, if there have been any changes to your business that might affect your renewal or your cover, please get in touch to let us know.