Business Insurance
Does Your Home Insurance Cover Your Business? Most standard home insurance policies explicitly exclude or heavily restrict coverage for business activities carried out from home. This means that if you run any kind of business from your property - even part-time or as a side income - your standard home
Professional Indemnity
What Is Professional Indemnity Insurance? Professional indemnity (PI) insurance protects you if a client claims that your professional advice, services, or design work caused them financial loss. It covers your legal defence costs and any compensation you are ordered to pay, up to your policy limit. For many professions in
Cyber Insurance
Why UK Small Businesses Need Cyber Insurance Cyber attacks are no longer just a concern for large corporations. According to the UK government's Cyber Security Breaches Survey, 32 percent of businesses reported a cyber attack or breach in the preceding 12 months. For small businesses, the financial and
Business Insurance
What Is Key Man Insurance? Key man insurance - also known as key person insurance - is a life insurance or critical illness policy taken out by a business on the life of a person whose skills, knowledge, or relationships are critical to the company's success. The business
Business Insurance
Why Self-Employed Workers Need Business Insurance Being self-employed in the UK means you are personally responsible for your professional actions, your clients, and any equipment you use. Unlike employees, you have no employer's insurance to fall back on. Whether you are a freelance consultant, a sole trader tradesperson,
Business Insurance
The Legal Requirement Employers' liability insurance is a legal requirement for almost all UK businesses that employ staff. Under the Employers' Liability (Compulsory Insurance) Act 1969, you must hold a minimum of 5 million pounds in cover - though most policies provide 10 million pounds as standard. Failure