What is business insurance?
A business takes years to build – but an accident or disaster could destroy it all in minutes. That’s why businesses should help protect themselves with a quality business insurance pack.
With the right cover in place, owners can run their business with confidence, knowing that their premises, stock, equipment and reputation are protected by insurance.
Who should consider it?
Business owners can benefit from taking out an affordable and comprehensive business insurance pack to help protect them against the main risks involved in running a business.
Having the right insurance will help protect your business and minimise its exposure to risk. This may include insuring your
business, your income and your commercial risk. (Department of Innovation, Industry and Science, 2018)
Sole traders were the least likely of businesses to be insured, (24%), followed by small businesses operating from home
(21.4%). (ICA, Non-insurance in the Small to Medium Sized Enterprise Sector, 2015)