Business Insurance
If you run or own a business there are number of business insurances that you may require to protect your business and any employees. The following criteria are worthy of note: If you employ any full or part-time staff you must have liability insurance in place. If you run a limited company you must have liability insurance regardless of whether you have any employees.
“liability insurance is a must”
Public and product liability insurance protects your business against injury to third parties (not staff) or damage to their property. This could be someone tripping over a cable or a worker causing a leaking pipe or an electrical failure. Insurers sell cover based on the limit of liability the business needs. The minimum cover is usually £1m but it is possible to arrange cover for £10m or more. Specialist cover is also available depending on the particular type of business that you own or run.
Quote