| | | | | theft etc within your businesses factory. If you |
| Professional Indemnity is insurance for a business | | | | work from home, home office insurance will |
| that is going to be providing some advisory or | | | | provide cover for the necessary office |
| consultation service, where its employee will be | | | | equipment; often home office insurance is not |
| giving professional advice on the company’s | | | | included in house insurance so do not make any |
| behalf. Professional Indemnity will protect your | | | | assumptions. |
| business from any liability arising from third party | | | | Employer’s liability is necessary if you have, |
| losses sustained due to the negligence of you or | | | | or intend to have, employee, and will protect you |
| your employees. | | | | against any claims for bodily harm or death to |
| Credit Insurance will protect your business in the | | | | employees that have occurred during the course |
| occurrence that customers fail to pay their | | | | of employment. Fidelity insurance will protect you |
| invoices, however the risk involved for the insurer | | | | against any losses suffered from employees |
| means that credit insurance can be difficult to | | | | acting fraudulently or dishonestly. Should a key |
| obtain unless your business has been up and | | | | employee suddenly be unable to work through |
| running for some time. Legal expense insurance | | | | death or disability key person insurance will cover |
| will help cover your business for legal cost | | | | their direct replacement which may require |
| incurred in the event of a legal dispute. | | | | specialist training; when taking our key person |
| Public liability insurance provides legal cover and | | | | insurance ensure you obtain detailed advice on |
| protection against any third party claims for loss | | | | what it involves and what will be covered as it |
| or damages that have occurred during the course | | | | requires detailed knowledge. |
| of your business; this is often a wise choice of | | | | Business travel insurance, as with ordinary travel |
| insurance for businesses that involve the public, | | | | insurance, will provide cover for the loss or |
| for instance retailers or leisure facilities. Product | | | | damage of business equipment during travel. |
| liability is necessary for any business | | | | Check the policy as business travel insurance can |
| manufacturing products; it protects the business | | | | also include the costs of emergency couriers for |
| against claims that the products you manufacture | | | | the delivery of replacement items; and some will |
| are faulty and have caused loss to the owner. | | | | cover for the unexpected occurrence of illness or |
| Premises Insurance is necessary to provide cover | | | | death whilst on a business trip covering the costs |
| against fire or any other perils; however ensure | | | | for another employee to take their place. |
| that you thoroughly check your policy details and | | | | Commercial motor insurance will insure your liability |
| are aware of what exactly your premises is | | | | to others in the case of a car crash or other |
| covered for. Office insurance will provide cover | | | | motor vehicle incident. This includes death or injury |
| for office equipment such as computers; faxes | | | | to anybody (but not death or injury to employees |
| etc depending on your office requirements, and | | | | while they are working, as they are covered by |
| similarly factory Insurance will provide cover for | | | | employer’s liability insurance). |
| machinery and equipment, as well as fire and | | | | |