Business Insurance

You’re covered for theft of tools when they’re locked in your vehicle overnight that’s parked on your drive, the street or if you’re working away. This covers the legal and compensation costs you are required to pay if an employee gets injured or becomes ill because of the work they do for you. Employers’ liability insurance is a legal requirement if you have employees. There are a couple of exceptions to this rule, which you can read more about here. We’ll replace your essential tech within 24hrs of claim approval, with Business Tech Essentials.

Our Buildings and Contents Insurance protects your business’ premises, inside and out. Even if you don’t own the property you run your business from, we cover most damages to furnishings, right down to fixtures and fittings. Business Vehicle and Van Insurance Cover your business vehicle with our comprehensive or third party, fire and theft insurance. Below is a summary of a generic policy, from 22 June 2021 onwards, which shows the main covers and exclusions in our policies.

Tools removed when the vehicle is not being used for business purposes for more than five consecutive days. Cover excludes electrical items such as laptops, cameras, mobile phones, removable satellite navigation systems, and handheld survey equipment. And now with Business https://www.wikipedia.org/ Tech Essentials, if your essential tech is stolen or damaged, we’ll replace it within 24 hours from claim approval. This insurance also covers you if a customer or member of the public becomes ill or suffers an injury as a result of a product you have supplied.

For example, if the heel snaps off a shoe someone has bought from you, causing them to fall over, or if a cupcake you sell at an event makes someone sick. This does not include regular items in your toolkit, like a hammer. If you hold sensitive customer data, process payments online or just want peace of mind, Cyber cover should be considered. Catching you off-guard and tricking you in to doing something you shouldn’t, like opening an attachment in a fake email, or finding a way through your cyber-security. If this happens and they get their hands on your data or access to your bank account, the impact on your business could be devastating. Our business interruption cover can insure you if you or one of your key employees becomes seriously disabled and is unable to continue work.

Depending on the type of business you run, you might work from home, in an office, at your shop, a client’s premises or a shared working space. If your working premises became unusable due to an insured event like a fire or flood, business interruption will cover the costs of relocating https://www.kamerhiphop.com/ until it’s fixed. It can also cover you for any lost turnover during this time if you’ve insured your premises or business property with us. If the people in question pursued legal action against you, public and product liability insurance would cover the costs you are liable to pay.

Good health for you and your employees is vital to keeping your business running. We offer a number of products and services to help and support your staff. Buildings and Contents is one of Aviva’s core covers you’ll need to buy in order to access our other flexible cover options. If you hire employees, you are legally required to take out at least £5 million in employers’ liability insurance. To understand your legal responsibilities and what the exceptions are, read more about employers’ liability here. In most cases, business insurance is optional, but some clients and companies may require proof of insurance before agreeing to work with you.

Public Liability Insurance Protects you if a member of the public or visitor to your premises suffers injury or property damage. A micro business is defined as an enterprise that employs nine people or fewer. As of 2017, micro businesses count for 96% of the UK’s business landscape and, as you might expect, there are many different types of micro business. We know how important tools and equipment are for tradespeople. So, when it comes to tools insurance, we’ve nailed it. Pays the legal costs of providing specialist lawyers and taking action against many common legal problems, for instance disputes with suppliers or clients.

If someone in your business is unable to work due to a temporary injury, then after 7 days we’ll pay their normal net weekly earnings up to £500 for up to 104 weeks. You get access to public relations and crisis management experts to minimise damage to your brand and business. Small businesses often aren’t prepared for large, unexpected expenses due to a claim, so it’s important to have the right insurance in place. If you’re self-employed and something goes wrong, you’ll be the one responsible for footing the bill. Download your policy documents instantly, so you can show proof of your cover to clients.