IN THIS LESSON

Think of business insurance as your financial safety net, it protects you, your employees, and your customers from unexpected events that could otherwise devastate your business.

  1. Professional Indemnity Insurance:

  • Covers you if clients lose money due to your advice or service

  • Essential for consultants, designers, and professional services

  • Coverage levels typically start from £250,000

    2. Public Liability Insurance:

  • Covers claims from the public for injury or damage

  • Essential for shops, restaurants, and public-facing businesses

  • Typical coverage starts from £1-2 million.

3. Employers' Liability Insurance:

    • Legal requirement when hiring staff

    • Minimum £5 million coverage

    • Covers employee illness or injury claims

    • Must display certificate where employees can see it