If you’re operating a home-based business, inquire about additional coverage for equipment and inventory. Public liability insurance is a key cover for many businesses, as it can protect you if someone is injured or their property is damaged because of your business. Simply Business offers between £1 million and £5 million of public liability cover.
- Within 45 days of your policy start date, we’ll send you an email with instructions on how to redeem your reward.
- Our customers’ reviews, independently moderated and managed by feefo.
- Personal lines insurance includes property and casualty insurance products that protect individuals from losses they couldn’t cover on their own.
- While not required by law, bear in mind that some clients might ask for proof of certain types of insurance, like public liability insurance, before giving you work.
- This insurance protects you against the costs involved with giving wrong, negligent or misleading advice.
- If a waiter working at a restaurant slips on a wet floor where there’s no sign and breaks their leg, then you might needemployers’ liability insurance.
Catching you off-guard and tricking you in to doing something you shouldn’t, like opening an attachment in a fake email, or finding a way through your cyber-security. If this happens and they get their hands on your data or access to https://www.wikipedia.org/ your bank account, the impact on your business could be devastating. 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.
Product & Services Expandable Section Product & Services
For example, someone slipping and injuring themselves if there is a spillage on the floor but no wet floor sign. 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. Our different cover options allow you to insure your business equipment and stock at your premises, when you’re on the move, or both. Whether you work at home, at fairs, in shared workspaces or visit a lot of clients, we’ve got you covered.
Business insurance covers your business from unexpected losses e.g. if your equipment is stolen or you make a mistake and your clients decide to sue. As a business owner, self-employed consultant or a freelancer you need to factor certain risks in your day-to-day work. Depending on your profession you may need public liability insurance, professional indemnity insurance, contents insurance or other types of cover. Use our quote tool to check how we can help and cover your company. We’ll usually start with public and product liability insurance, designed to cover you against slips, spills, and injuries.
An Employer’s Guide To P60s
Commercial lines insurance helps keep the economy running smoothly by protecting businesses from potential losses they couldn’t afford to cover. Companies evaluate their insurance needs based on potential risks, which can vary depending on the type of environment in which the company operates. Getting the right insurance for your limited company is important. It’s the back-up your business needs if a compensation claim is made against you. We cater for a wide range of https://www.hutchisonandmaul.com/ requirements – from tradesmen and shop owners to landlords and motor traders. Simply Business is one of the UK’s biggest business insurance providers, covering both small businesses and landlords.
2 Based on AXA Business Insurance claims made between July 2018 and June 2019. Figures based on business insurance policies purchased direct through AXA Business Insurance online or over the phone. So if someone is injured or becomes ill as a result of working for you – even years down the line – you’ll have confidence in knowing you’re covered. Professional indemnity insurance is also available to trades that also offer professional advice, like electrical contractors or heating engineers. With AXA, you can add a standard £1 million of professional indemnity cover to your business insurance.