It is essential for any small business to be adequately insured against the many risks that could affect it. Yet many small business owners lack a clear picture of exactly which types of insurance are relevant to their business and of the level of insurance they require in order to be fully protected. Do you know how much it would cost to replace everything your business owns? Do you have adequate public liability and/or professional indemnity cover?
If you employ people it is is essential to protect your business from claims brought by employees who injure themselves at work. You are legally obliged to provide at least £5m cover against employee injuries.
Public liability provides cover in case a member of public is hurt or property is damaged through the actions of your business. Providing cover worth upwards of £1m, this is to be advised for all small businesses.
Professional indemnity covers you if you offer professional services and make an error which costs your customer money. This is essential if your business provides services to other businesses e.g. catering for functions etc.
Our insurance advisors will help you to analyse the specific insurance needs of your business, appraising level of cover you need to ensure that your business is adequately covered against the risks and chances that it faces.