Having an insurance policy that works for your business is essential when it comes to making sure your interests are protected. The better your policies, the more you can rest assured that, should something happen, your business is in a healthy position to weather it.
Whether you’re a small, medium or large business, you’ll likely have several key policies, some of which are required by law, others that just make financial sense for your business. These might include:
– Professional indemnity insurance
– Product liability insurance
– Employers’ liability insurance
– Buildings and contents cover
– Vehicle or fleet insurance
– Business travel insurance
Insurance is a key pillar of any organisation. Similar to HR, finances or health and safety policy. And, like these things, an insurance policy isn’t something that, once set up, you can just leave indefinitely. As your business changes, so will the potential risks you might face. Your insurance policy should grow and change with your business, which is why revisiting your policies is an essential consideration for any business owner.
