Commercial
Different Types of Commercial Insurance
The most common types of commercial insurance are property, liability and Employers Liability. In general, property insurance covers damages to your business property; liability insurance covers damages to third parties; and employers liability insurance covers on-the-job injuries to your employees. Depending on your business, you may want additional specialized coverages. Listed here are some of the different types of business insurance.
The most common types of commercial insurance are property, liability and Employers Liability. In general, property insurance covers damages to your business property; liability insurance covers damages to third parties; and employers liability insurance covers on-the-job injuries to your employees. Depending on your business, you may want additional specialized coverages. Listed here are some of the different types of business insurance.
Liability
Liability Insurance
Fewer things in life are riskier than setting up your own business, why increase the risk of failure by not having adequate insurance to protect your business.
Liability insurance is designed to cover you in the event that you are pursued for compensation by a third party, where they feel that they have suffered a loss as a result of your negligence (lack of care).
In the event that you are successfully sued by a third party your liability insurance will be able to pick up the costs for the compensation that has been awarded against you and any legal costs that you have occurred as a result of defending your claim. If you do not have adequate insurance then you will be liable to pay the cost for the compensation, and with over £4.5 billion paid out in claims last year can you afford to have a claim awarded against you?
Fewer things in life are riskier than setting up your own business, why increase the risk of failure by not having adequate insurance to protect your business.
Liability insurance is designed to cover you in the event that you are pursued for compensation by a third party, where they feel that they have suffered a loss as a result of your negligence (lack of care).
In the event that you are successfully sued by a third party your liability insurance will be able to pick up the costs for the compensation that has been awarded against you and any legal costs that you have occurred as a result of defending your claim. If you do not have adequate insurance then you will be liable to pay the cost for the compensation, and with over £4.5 billion paid out in claims last year can you afford to have a claim awarded against you?
Shop & Office
Shop & Office Insurance
Our "Shop & Office" policies offer a comprehensive package of commercial insurance covers, specifically designed to meet the needs of the majority of Shopkeepers & Office users.
In addition to the standard covers, optional additional covers are available for the benefit of those people that want more that just standard insurance cover.
Our "Shop & Office" policies offer a comprehensive package of commercial insurance covers, specifically designed to meet the needs of the majority of Shopkeepers & Office users.
In addition to the standard covers, optional additional covers are available for the benefit of those people that want more that just standard insurance cover.
Professional Indemnity
Professional Indemnity
Professional Indemnity ("PI") insurance is an insurance package designed to protect business offering professional advice or services. Professions that often require Professional Indemnity Insurance include: Consultants, Web/Graphic Designers, Bookkeepers and Advertising Agents.
What does it cover?
It protects against claims for "Business Injury" which means any financial loss that they suffer as a result of:
Professional Indemnity ("PI") insurance is an insurance package designed to protect business offering professional advice or services. Professions that often require Professional Indemnity Insurance include: Consultants, Web/Graphic Designers, Bookkeepers and Advertising Agents.
What does it cover?
It protects against claims for "Business Injury" which means any financial loss that they suffer as a result of:
- Any negligent act, error or omission
- Implied Statutory Terms (e.g. Sale of Goods Act 1979, Sale of Goods and Services Act 1982 and other similar legislation as well as Common Law)
- Unintentional Infringement of Intellectual Property Rights
- Loss of Documents/Data entrusted to the insured
- Unintentional libel, slander, defamation
- Unitentional breach of confidence, confidential duty or misuse of information
Fleet
C V and Fleet
Fleet Insurance makes it easier to manage your business' vehicles. Usually, four or five vehicles are required to qualify for fleet insurance. But by special arrangement, we can provide fleet insurance to clients with 2 vehicles or more. And we can normally help new businesses that are insuring their first fleet.
Fleet Insurance makes it easier to manage your business' vehicles. Usually, four or five vehicles are required to qualify for fleet insurance. But by special arrangement, we can provide fleet insurance to clients with 2 vehicles or more. And we can normally help new businesses that are insuring their first fleet.
Let Property
Let Property Insurance
We can Insure your let property at competitive rates and include the contents Plus Legal Expenses and Rent Guarentee. Please try the online quote system or contact us direct.
Unoccupied Property Insurance
We also have schemes for unoccupied property awaiting tenants or sale completion. Try the online quote system or Phone our office.
We can Insure your let property at competitive rates and include the contents Plus Legal Expenses and Rent Guarentee. Please try the online quote system or contact us direct.
Unoccupied Property Insurance
We also have schemes for unoccupied property awaiting tenants or sale completion. Try the online quote system or Phone our office.