Finding UK Business Insurance

your employees use their own cars or any kind of vehicle for business then it is your duty to ensure they are covered by this type of UK business insurance under their personal policies.

– Directors and Officers Liability. There are instances that the directors of limited companies can be sued. D&O insurance covers individuals for personal liability arising out of a ‘wrongful act’. Where the company has stumped up the cost on the individual’s behalf.

– Legal expenses. Provides you access to legal advice from the insurance company’s specialist lawyers, covers other contingencies like product liability.

– Credit insurance. This UK business insurance protects you from debtors going bust – you can insure a proportion of your own turnover or any individual account.

– Life insurance. This is necessary if your business supports your family, to ensure that funds were available to pay off debts even without you.

Where and how to buy business insurance

Most major insurance companies offer ‘package insurance’ for small businesses that cover most of the important contingencies in a single policy.

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