Why buy Business Insurance?

If you are a business owner, an independent professional or self-employed, business insurance can help to protect you and / or your company against unexpected costs.

Types of business insurance

Some types of business insurance are required by law:

Other types of business insurance are optional, such as:

  • commercial property insurance, which covers the cost of repairing or rebuilding your business premises, or replacing your stock or equipment
  • liability insurance, which covers the cost of compensation claims following fault or negligence brought against you or your business by clients, customers, shareholders, investors, or members of the public

Types of liability insurance include:

Covers

 

Buying business insurance

Business insurance is usually sold as a package, combining a number of different policies under one premium.

The types of policies you need, and the cost of your premium, will be based on a number of factors including:

  • the nature of your business
  • its annual turnover
  • the number of people you employ
  • your insurance claims history

Payment Options

You can pay in full of course or we can usually offer monthly payment options over 10 months subject to payment of an initial amount - typically 20% up front. We typically arrange finance via Close Brother Premium Finance - a specialist insurance premium finance provider.