Insurance needs vary considerably by industry, premises, employees and the work a business performs. Understanding the main types of cover makes it easier to have a useful conversation with an insurer or broker.
Common types of cover
Public liability, employers' liability, professional indemnity, buildings, contents, stock and business interruption are among the covers businesses may encounter. Not every policy is relevant to every business.
Think about your actual risks
A restaurant, online retailer and consultant have very different exposures. Consider your premises, staff, equipment, stock, customers and contractual obligations before deciding what protection to explore.
Check limits and exclusions
Price is only one part of a policy. Review cover limits, excesses, exclusions and any conditions that must be met for cover to apply.
Merchant Guru provides practical information to help UK businesses understand their options. Where we have a commercial relationship with a provider, we'll make this clear.