Commercial Insurance

If you are in or run a business you will need insurance- without it you’re putting your livelihood at risk. The last thing you want is an unexpected loss; this could cause financial hardship and destroy years of hard work. By law, certain types of insurance are compulsory.

What Sort of Insurance Should You Consider?

Generally, you’ll want insurance policies that protect against loss or damage caused to your business’ property or trade by adverse advents.

Specific areas of insurance in this group may include cover for:

Property – buildings and contents, engineering failure, theft, money, goods in transit, business interruption, trade credit Insurance, motor vehicles, legal expenses. This is in addition to a variety of other risks.

Legal, Employee and Public Liability Insurance

You’ll also want to consider insurance policies that cover your business’ legal liabilities in the event of some aspect of your business potentially causing harm to a third party or their property.

Employer’s Liability Insurance is compulsory by law, but you might also want to consider cover for other areas of liability such as Public and Product liability and Motor Vehicle liability to cite two examples.

Other insurance cover that protect both you and your employees against the consequences of serious illness, injury or death, and the effects these events could have on your employees, on their families, and on your business. Areas of insurance you might consider beneficial include personal accident and sickness insurance or private medical insurance.

Note: The Plan will have no cash in value at any time and ceases at the end of the term. Failure to maintain premiums results in lapsed cover. Protection Insurances may have plug in required.