How to choose the right business insurance

When you’re running a business, whether it’s a small business, or a larger organisation, you’ll definitely need to arrange some form of business insurance. Certain types of business insurance are essential.

Employers' liability insurance

If your business employs staff then it is a legal requirement that you have Employers’ Liability Insurance and the minimum level this must cover for is £5 million. Whether you employ full or part-time staff it is still a compulsory requirement that you cover your employees in case you are held responsible for injury or illness caused at work.

Professional indemnity

Likewise, if you provide information, advice or your own skills, you may need Professional Indemnity Cover. This will protect your business against claims from a client or a third party if they have found mistakes or negligence in the service you have provided.

Public liability

If members of the public or customers need to visit your premises or you visit theirs, you should think about taking out Public Liability Insurance.

Assessing your risks

As you can see, there are many types of business insurance which can benefit you, when you're running a business, and finding suitable cover all depends on the type of business you run. Our business insurance experts have years of experience in arranging commercial insurance for all types of businesses and can help you to identify the wide range of risks your business faces every day. We can then tailor an insurance package especially for your business to minimise those risks and keep your business protected.