This covers the legal and compensation costs you are required to pay if an employee gets injured or becomes ill because of the work they do for you. Employers’ liability insurance is a legal requirement if you have employees. There are a couple of exceptions to this rule, which you can read more about here.
Good health for you and your employees is vital to keeping your business running. We offer a number of products and services to help and support your staff. Buildings and Contents is one of Aviva’s core covers you’ll need to buy in order to access our other flexible cover options. If you hire employees, you are legally required to take out at least £5 million in employers’ liability insurance. To understand your legal responsibilities and what the exceptions are, read more about employers’ liability here. In most cases, business insurance is optional, but some clients and companies may require proof of insurance before agreeing to work with you.
Business Income Insurance If you need cover for financial loss in the event of accidents, crime or natural disaster. Professional Indemnity Insurance If your client claims you have provided inadequate service or advice. Technical experts will help fix your IT issues and provide advice on how to prevent future cyber incidents.
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. If the people in question pursued legal action against you, public and product liability insurance would cover the costs you are liable to pay. Event organisers, for example, may need to see proof of public liability insurance before letting you trade at their craft fair. A business professional may require you to show proof of professional indemnity insurance before hiring you as a consultant.
Business Vehicle and Van Insurance Cover your business vehicle with our comprehensive or third party, fire and theft insurance. Below is a summary of a generic policy, from 30 May 2022 onwards, which shows the main covers and exclusions in our policies. 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.
Insure your business contents so that if they’re damaged by an insured event, such as fire or theft, your business keeps going. Protection against claims https://www.treadmillsandellipticalmachines.com/ for property damage when working on-site or at a client’s home. Also covers claims for accidental injury from a client, visitor or member of the public.
Your new insurance quote or renewal premium from any other insurer. Our Buildings and Contents Insurance protects your business’ premises, inside and out. Even if you don’t own the property you run your business from, we cover most damages to furnishings, right down to fixtures and fittings.
Our online quote tool gives you the option to enter all your trades so that we have a clear idea of what type of cover you might need. Different businesses require different types of insurance, that’s why we let you pick and choose the covers that go into your policy. So, whether you’re a retailer or a dog groomer, an IT consultant or a photographer, you can choose the cover that’s just right for your business. We can cover this machinery for theft and damage due to an insured event e.g. fire. We do not cover machinery that has been damaged due to wear and tear. This would cover the costs of replacing or repairing things like your broken boiler and fire/burglar alarms, as long as the damage is not due to wear and tear.
Get the support of a dedicated claims handler should the worst happen. Every UK employer needs to provide, and contribute to, a workplace pension for certain staff. Please note that a minimum number of contributing employees may apply. Employers’ Liability Insurance If you have employees ‐ unless they’re related to you ‐ it’s a legal requirement to have this cover in place.
Different businesses will need different levels of cover, so the cost of insuring a business will differ. We let you design your own Small https://www.wikipedia.org/, so you’re in control of what aspects of your business you insure and how much you pay. Crime reference or proof of damage and proof of ownership needed. You’re covered for theft of tools when they’re locked in your vehicle overnight that’s parked on your drive, the street or if you’re working away.