Professional indemnity is useful if your business offers a service or requires you to give advice to clients. If you make a professional error or give advice that is deemed negligent, you could be taken to court. Small businesses often aren’t prepared for large, unexpected expenses due to a claim, so it’s important to have the right insurance in place. If you’re self-employed and something goes wrong, you’ll be the one responsible for footing the bill. You can pick from a range of cover options to get a bespoke policy for your business. Your new insurance quote or renewal premium from any other insurer.
- To get your gift card, you’ll need to use this link when buying your policy.
- Government figures suggest nearly one in five businesses suffers a major disruption every year.
- It’s important to tell us about a potential claim as early as possible.
- If your business has staff – even if they’re volunteers, apprentices, contractors or temporary – then employers’ liability insurance is a legal requirement under the Employers’ Liability Act 1969.
- AXA Business Insurance is designed to keep your business running, whatever lies ahead.
- Use our quote tool to check how we can help and cover your company.
Yes, as you can buy business insurance before you begin trading. But some types of business will need a trade licence to operate – and if you need a licence and start trading without it, your insurance may be invalid. Trade licences are usually issued by the relevant licensing authority or by the local authority. Whether you’re a hands-on sports coach or a well-versed educational consultant, it’s possible to find the right business insurance products for your needs when you generate a quote.
Tools And Business Equipment Cover
Some customers prefer to pay in one go, while others prefer to pay a regular monthly amount, like you do with lots of other bills. You’ll get a breakdown of the excesses for each quote when you compare with us. Employers’ liability insurance is required by law if you have people working for you. Without it, you could be fined up to £2,500 a day for each employee.
Public liability insurance is an important cover for lots of businesses. And if you have employees it’s likely that you’re legally required to take out employers’ liability insurance (even if they’re contractors, casual workers or temporary staff). Some types of business insurance, including employers’ liability and public liability covers, are so fundamental for many small businesses that they come with their own certificates in the UK. An online quote for Hiscox business insurance can be saved for later – you’ll just need to create an account and log in to retrieve it.
If you need to add a second occupation when getting a quote, you can do that in the first step of the online journey. Within in the quote journey, simply start typing your occupation to be shown a list of suggestions. Please note, if you don’t have an outstanding balance to pay, you can’t update your card details this way. If your card expires, you’ll be prompted to update your card details when it becomes necessary. If your policy is due to be renewed soon, you might get an email through from us with details about your renewal. You can expect an email from us 25 days before your policy is due to renew, and then again 7 days before.
Taking The Risk Out Of Management
You’ll see the following screen to confirm that your preferences have been changed. A lapsed or cancelled policy will mean that any benefits you enjoyed as a policy holder will also stop at midnight on the last day of cover. If you’ve changed your mind and wish to undo your cancellation, you can do so on this final screen. Please remember to keep all your details up to date because your cover could be affected if anything isn’t correct.
With our Risk Management Rebate on offer all year round, we can help you take the ‘risk’ out of ‘management’. Start your quote today by giving a small amount of information about you and your business. Business Vehicle and Van Insurance Cover your business vehicle with our comprehensive or third party, fire and theft insurance. Tools, Stock and Business Equipment Insurance If you work from home and don’t own or rent business premises. If someone in your business is unable to work due to a temporary injury, then after 7 days we’ll pay their normal net weekly earnings up to £500 for up to 104 weeks. Get the support of a dedicated claims handler should the worst happen.