Business Insurance
Your ticket to setting up a successful business in the UK.
As you’re no doubt aware, business insurance is a crucial component of running a business in the UK. However, with a wide range of policies available to protect you from damages, theft, legal fees, and much more, it can be tricky to figure out exactly which insurance policies are right for your business.
All UK businesses (that employ one or more people) must acquire employers’ liability insurance – this is the only form of business insurance that is a legal requirement in the UK. Any additional legally required insurance policies will be dependent on the nature of your business. For instance, professional service businesses, such as solicitors and accountants, are usually required to have professional indemnity insurance in order to operate.
Though many types of business insurance aren’t a legal requirement, it is highly recommended to have the relevant cover in place. As a wine and spirits wholesaler, for instance, you’d be pretty crazy not to take out stock protection insurance.
But it’s not just the nature of your business that you have to consider: you must also take into account the number of employees, where the business is based, and more. Quite quickly, therefore, figuring out the most sensible and cost-effective insurance set-up can become a bit of a minefield.
How it Works
Help with business insurance
Important though it may be, acquiring the right insurance for your UK business can take up a lot of your time – time which you would be better off spending on more productive things.
Here at Gower, we’ll not only provide tailored, expert advice on how you should insure your business, but we’ll also handle all of the admin. Our business insurance service includes:
Assessing all relevant components of your business to determine which policies are required and recommended
Putting together a plan of all the cover you’ll need
Gathering the most cost-effective quotes for each individual policy
Procuring and preparing all necessary paperwork
And more! Get in touch for more info!
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