Professional indemnity insurance covers any legal and compensation costs you are required to pay. Clients will often ask to see proof of professional indemnity insurance before agreeing to work with a new contractor. If the people in question pursued legal action against you, public and product liability insurance would cover the costs you are liable to pay. Public liability insurance covers you if you cause injury to a member of the public or accidentally damage someone’s property. With AXA’s public liability insurance, you can choose to take up to £5 million cover.
- Covers allegations and claims made by staff that your business has made them ill or injured them.
- 3 Our 92% customer service rating (4.6 out of 5) is based on 8016 customer reviews on independent review system, feefo, as of 28 February 2019.
- Call us and you’ll talk to bright, knowledgeable people who have your interests at heart.
- With Hiscox, small business insurance quotations start from just £10 per month, so protection is affordable, whether you’re just starting up or you’re a seasoned entrepreneur.
- We help charities, clubs and community groups find the cover they need, including trustee insurance and public liability insurance.
- Different businesses will need different levels of cover, so the cost of insuring a business will differ.
Business perspectives News and insights on insurance, pensions, money and wellbeing – giving your business that extra boost. Private healthcare can be expensive but it doesn’t have to be. With our business healthcare, you can give your employees a more affordable way to take care of themselves. If you’ve 0-9 employees, you can get a quote then buy, all online.
What Types Of Small Businesses Can You Insure?
Business interruption will also cover you if key equipment that you use to run your business, like a laptop, is damaged or stolen, meaning you can’t trade. In fact, Hiscox business insurance can support UK-based firms that trade with tools as well as those dealing in services, professional advice and knowledge. This means gas and heating engineers can benefit from our products, as can recruitment consultants, management consultants and marketing and media agencies. You can also add additional business insurance covers to protect your buildings, contents, business equipment, tools, and stock. Public liability insurance can cover compensation claims made against you by a member of the public for injury or damage caused by your business.
However, sometimes a personal version – known as management liability cover – becomes relevant to protect leaders from personal risk. Such people might include the directors of small businesses and non-profit trustees. We know that with the right insurance, your business can flourish even when faced with a challenge.
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. Small http://www.bakkerenleenheer.com/ is a way to protect your business from financial losses, such as compensation claims, property damage and theft.
Departments And Policy
If you work from home regularly, you should think about your home insurance. Working from home doesn’t necessarily mean that you need to take out different cover, but you need to make sure that your insurer understands your situation.
Business Vehicle And Van Insurance
If this happens and they get their hands on your data or access to your bank account, the impact on your business could be devastating. Our business interruption cover can insure you if you or one of your key employees becomes seriously disabled and is unable to continue work. We will cover the incurred costs, up to £25,000, to minimise any interruption to the business.