Death in Service Cover, also known as Group Life Insurance, is a company Life Insurance policy covering multiple employees that have owned and paid for by your business.[continue reading…]
Small Business Insurance
Small businesses will need various different insurances to keep the business and staff protected. Here are some small business insurance guides to help you understand the different insurances small businesses need:
As a small business owner, there will be a number of business insurances that you will consider getting, from professional indemnity insurance to private healthcare insurance. Another type of business insurance you might consider getting is Keyman insurance, also known as Key person insurance.[continue reading…]
Given the number of potential misfortunes a typical limited company owner may encounter during the lifetime of a business, it will come as little surprise that insurance companies can provide dozens of different types of policy to cover pretty much any eventuality.
Has your business, or a business you know, suffered from a cybercrime? As 43% of cyber-attacks are targeted at small businesses, you need to take action to protect your business now and on an on-going basis.
In a recent study carried out by insurance provider Qdos, it was found that self-employed are exposed to financial risk, as they avoid getting insurance cover. There are numerous reasons for this, from business owners thinking they don’t need it to them still being in the process of considering it.
Every business needs to have insurance, although the types of insurance needed will vary from business to business. The type of business insurance that your small business needs will depend on various factors such as; whether you have employees working for you, if you’re in contact with members of the public, what kind of building you are running your business from and what kinds of contents you have. When it comes to business insurance you will need to consider and evaluate what needs to be protected and what is a risk.
Do you know that there are thousands of uninsured business vehicles driven on the UK roads? In the majority of cases this is simply because many people are still unsure of what counts as business use. As a new business owner, it can be tricky to choose which type of policy is best for your particular needs, especially if it’s your first time taking out a specific kind of policy.
Professional indemnity insurance will protect you against claims made by past or present clients as a result of mistakes you may have made while carrying out your work.
D&O insurance will cover company officers and directors against claims for negligence, or breach of trust or care made by shareholders, employees, organisations or regulatory bodies.
If you are a professional contractor or consultant, you may be required by your client to carry adequate business insurance, or you may decide to insure your company for your own peace of mind.