As any successful entrepreneur will attest to, trying to run a business without having adequate insurance cover in place is nothing short of complete madness. Of course you're going to have to pay for good insurance, but considering the stakes, it's an expense which is well worthwhile, and besides, there are certain steps you can take in order to ensure you don't pay more than you need to.1. Higher Excess Many business owners focus primarily on a...more
Many people who own a small business are under the impression they don't really need to have their business insured. Unfortunately, many who feel this way do so simply because they've been misinformed.One common misconception is that insurance costs too much, and yet a little bit of online research shows that this is simply not the case. To the contrary, if you own a business in the UK, insurance cover can be obtained at a very reasonable...more
In this day and age, the internet is the connecting tissue for the entire world. You can now do business with people half a continent away with the touch of a button. The world has indeed become a small place after all and this is good news for many in the business world.Nevertheless, for all the great things the internet has done for a global economy there are also many threats that come down the super highway. You may need insurance that covers your business against all types of E-risks.Information:Many businesses store a great deal of information on computer mainframes. Proprietary information about how a product is made, secret ingredients for food products, business models and much more that you do not want to share with the rest of the world could become fair game if a hacker gets past your defences. By dinnertime, your sensitive information could be available to the whole world via YouTube. Do not wait until the damage is done to look for business insurance that covers this type of cyber attack.Customers:You may be thinking that you have little to worry about, your secrets are all safely stored in a locked vault under your home and no trace of it has ever been seen on a...more
Regardless of what type of business you have you will need several different types of insurance. Employees may need to be covered for injuries on the job and you will have to insure your business against losses caused by your employees, and these are just a couple examples of what you need to carry.What kind of insurance do you need? This will...more
Irrespective of what type of business you run, the chances are you've invested a large amount of money in getting it set up.Apart from all the assets you've acquired, you may even own the actual premises as well, which in turn means an even larger investment, and as such, it only makes sense that you'd want to have peace of mind in knowing your...more
If you own a business, then you've no doubt experienced first hand just how challenging it can be, particularly in the current economic climate.Admittedly, some businesses have been hit harder than others by the financial crisis, but even those which have managed to escape relatively unscathed would have undoubtedly faced several challenges from a financial point of view, and it is during times like this that business owners are most vulnerable to disasters.For example, if a fire were to break out on the premises, it could result in thousands and thousands of pounds worth of damage, and that's not even including costs which could arise from claims made by employees who sustain injuries. Even premises that have the very latest fire alarms, smoke detectors and sprinkler systems installed can still incur severe losses in the event of a fire.The building may not suffer extensive damage, thanks to the alarms and the sprinkler system, but much of the contents could very well end up being destroyed, or at least, damaged beyond repair. The cold truth is that without proper commercial insurance, such a disaster could effectively put an end to an entrepreneur's dream.Should one of more of...more
If you enjoy being a business owner or working at a high level within an organisation then you probably already know how important insurance is to your continued success. There are many expenses that come along with running a business and the...more
Public liability insurance or PLI is an insurance policy that's best to have when you have a small business. PLI is essential at the time when person got hurt in your business site. Other types of losses can be property loss or damage. Places like...more
Your house is very important to you, and you need to be able to obtain the proper insurance for it and your possessions as well. However, getting the best cover doesn't mean that you have to sell an organ to get it. By following some easy tips, it is...more
Insurance Agency SEOToday, for most agencies, SEO generated leads are probably not going to make or break your business – but insurance agency SEO should have a prominent place in your insurance marketing strategy moving forward. The longer you...more
Why Purchase Insurance OnlineIf you are just starting to look for car insurance, you know there are a few ways to do it. The most tried and true way in generations past has been to rifle through the yellow pages and call every insurance agent in the...more