PolicyBee exists because small business insurance could, and should, be better. We reward our loyal customers through a Mutual Bonus which provides a saving on the renewal premium of your General Insurance policy. Experts at NFU Mutual Risk Management Services Limited are committed to providing you with in-depth advice on managing on-site risks and complex health and safety issues. Here at The Insurance Octopus, we can offer cover from £1m to £5m, with higher amounts available based on business requirements. Loss of business income due to a building insurance or content cover claim.

The higher the level of protection you choose, the more protected you’ll be if you’re faced with a claim for compensation. Choose too low a level of cover, and you’d be personally https://www.wikipedia.org/ liable for any shortfall should a large claim be made against you. Having insurance can be a valuable lifeline, as potential fines, legal fees and claims soon add up.

We insure over 400,000 businesses, based on the number of policies sold in 2021. From slips and trips to workplace illness, even if you and your business are not at fault, costs https://www.thehormonauts.com/ can start to add up without a policy in place. Below is a summary of a generic policy, from 30 May 2022 onwards, which shows the main covers and exclusions in our policies.

Markel direct is a trading name of Markel Limited which is a company registered in England and an appointed representative of Markel International Insurance Company Limited. We are able to insure businesses that undertake a small amount of work from clients based overseas, however it is subject to our underwriting criteria. It is possible to get business insurance before you register your business and before you start trading.

Cyber and data risks insurance is there to protect your business if you are the victim of a malicious attack on your IT systems and data. Legal expenses insurance is there to cover the cost of defending or pursuing certain legal actions against other parties such as suppliers, clients or employees. Getting a quote for your small business insurance is quick and easy when you come to Markel Direct. Simply fill in our online form and you’ll receive a quote in just 90 seconds.

If your business doesn’t have any employees then you don’t need this cover. Once we’ve helped you tailor the ideal business insurance policy, we’ll arrange everything with your new insurer so you can relax, safe in the knowledge that you’re fully covered. We’ll then get in touch when it’s time to renew to help you arrange your next policy. Professional indemnity insurance is there to cover the cost of defending you against allegations that services or advice you have provided to clients is substandard. As well as legal expenses, it covers the cost of damages that may be awarded against you.