Running a business is an exciting endeavour, but it also comes with inherent risks. It doesn't matter how safe and meticulous you are, accidents will always happen, and unexpected mishaps can lead to financial and legal consequences. That's why it's crucial not to gamble with the future of your business, no matter what industry you may be in. Public liability insurance works much the same way as a safety harness, providing protection and peace of mind against potential liabilities. Read More...
If you intend to buy a commercial property, you'll want to ensure that your interests are protected at all times and will certainly be focused on insurance. While you will want a policy to cover the building and its fixtures against fire, weather and known risks, you may also want to consider other forms of commercial property insurance that may not be so obvious. For example, what do you need to know about commercial title insurance? Read More...
Here are some reasons to get public liability insurance if you've recently launched a gardening business.
To mitigate the consequences of accidentally damaging a client's garden
Even if you're a responsible and skilled gardener, you could still damage a client's garden accidentally. If, for example, you get momentarily distracted whilst you're trimming a bush near a wooden fence on a client's property, the electric trimmer might cut into and damage that fence. Read More...
As a small business owner, you may overlook the importance of business insurance. However, without insurance, accidents such as employee injuries, a fire, or product defects could bankrupt your business. In the extract below, you will learn the various considerations you should make when buying business insurance.
Work with a reputable insurance company
It's important for you to work with an experienced and reputable insurance company. Conduct some research to determine the reputation and reliability of various insurance companies. Read More...
If your business has employees, you should have a workers' compensation insurance policy. This coverage is critical because it ensures that the workers receive financial remuneration if they are injured while carrying out their professional tasks. In addition, the insurance cover will provide liability protection for your business. If you do not have an appropriate policy, injured employees could sue for compensation, leaving your company bankrupt. On the other hand, workers' compensation insurance can be an expensive long-term charge for your business, especially if you are in a high-risk industry. Read More...