January 30, 2023


Business/Industrial Goods and Services

Simply Business business insurance

Business insurance premiums can be a significant expense for a small business. If you can find ways to keep those expenses down, it will lower the amount of cash flowing out of your company. Lowering the amount you pay in insurance premiums will benefit your business overall. Safeguarding the financial security of your business is essential. That’s why we’ve teamed up with our partner AIG to bring you a number of options should you, or a key person, partner or shareholder, become critically ill or worse. Try us out and see how we can help save money and make finding the right insurance cover that little bit easier for you.

  • Whether you work at home, at fairs, in shared workspaces or visit a lot of clients, we’ve got you covered.
  • Whatever you do for a living, accidents can happen, and they’re not always directly related to the job.
  • This insurance also covers you if a customer or member of the public becomes ill or suffers an injury as a result of a product you have supplied.
  • Avoid potential hikes to rates for workers’ compensation insurance by training and educating your employees regarding proper safety practices in the workplace.

Of course, in your line of work you provide care and make careful decisions for the health of your patients and give your very best. However, this also means that insurance is vital as you could be exposed to claims. As technology advances, crime cover is becoming an increasingly vital business insurance policy to have.

Insurance As Unique As Your Business

Whether you whizz through online or talk it through with the team, you’ll get everything you need and nothing you don’t. Public Liability Insurance Protects you if a member of the public or visitor to your premises suffers injury or property damage. Professional Indemnity Insurance If your client claims you have provided inadequate service or advice. Equipment breakdown insurance protects your business against sudden and unexpected mechanical or electrical failure. Portable equipment and tool insurance– covering the tools you need to do business, wherever you are.

In order to ensure you are adequately protected you should speak to a specialist adviser. Other types of business insurance help to protect against certain risks, such as public liability insurance – which covers you for any claims made against your business. Professional indemnity insurance can provide protection for your business when things don’t quite work out as you planned. For instance, a customer might claim there is a fault with a service you delivered leading to a negligence claim. While you always have the best intention when it comes to what you do for your customers, PI insurance protects you from the cost of unexpected mistakes like these.

Our online quote tool gives you the option to enter all your trades so that we have a clear idea of what type of cover you might need. In most cases, business insurance is optional, but some clients and companies may require proof of insurance before agreeing to work with you. To help you replace your essential tools or equipment quickly, if they’re stolen or damaged, so you can get back to work.

Liability For Your Business

The same rules apply – the bigger your client, a higher the level of cover needed. The higher the level of protection you choose, the more protected you’ll be if you’re faced with a claim for compensation. Choose too low a level of cover, and you’d be personally liable for any shortfall should a large claim be made against you. Whether your shop is online or on the high street, we’ve got you covered with our contents insurance for businesses.

Other policies, such as public liability cover, can offer invaluable reassurance and protection. Commercial public liability insurance protects your company from such third-party claims. Although it’s not a legal requirement to have this type of business insurance in the UK, it safeguards you against liability claims. Anyone can make a claim against you if they feel their property has been damaged or they have been injured as a result of your business activities. Having public liability insurance in place provides the reassurance you need for unexpected circumstances, as there are several factors you just can’t plan for.