Finding UK Business Insurance

The minimum UK business insurance required by law is risks against third parties and it is the following:

– Employer’s Liability. When you start a business with even one employee it is required by law to get Employer’s Liability Insurance. UK business insurance providers prescribed £10m as a legal minimum amount to cover injuries, disease or illness sustained in the time of employment.

– Public Liability. This is a UK business insurance that covers your liability for damages if any public (customer or client) sustains an accident resulting in injury, loss of damage to their property for which your company will be responsible.

– Product Liability. This protects you against claims of others for damage to their property caused by products that you have manufactured. This UK business insurance includes the supply of products to other businesses; this type of insurance will also cover legal expenses and the cost of complying with any judgements.

– Professional Indemnity. You can be sued because of poor financial advices or serious flaw on surveying a property. This type of UK business insurance provides protection against clients who believe you gave poor service which they have incurred losses. It is not compulsory. But if your business is offering investment advice in any form, you must have this insurance.

Other Important UK business Insurance:

– Motor Vehicles. If