As a business owner, it's crucial to protect yourself and your business from unforeseen risks and potential liabilities. One essential safeguard you should consider is public liability insurance. This blog post will explore the reasons why getting public liability insurance for your business is a wise decision. Financial Protection against Accidents Accidents can happen at any time, and they can be costly. If a customer or a member of the public suffers an injury or property damage due to your business activities, you could be held legally liable for their losses.
18 August 2023
If you're in business to provide a service of any kind, you may need to consider a specific type of insurance to protect yourself from claims related to your work. This is completely separate from public liability insurance and is more concerned with your professional capability and the consequences of any mistakes. So, what do you need to know about errors and omissions insurance? A Different Type of Liability Insurance
21 July 2022
Whilst performing beauty treatments is not generally a very risky business activity, beauty therapists should still consider getting public liability insurance. Here are two reasons why. 1. In case one of their clients has a bad reaction to a treatment Some people are allergic to the ingredients in common beauty treatments; for example, a significant number of people are sensitive to certain essential oils, which are often included in the products beauty therapists use to give facials, or to some types of wax that these professionals use when removing their clients' body and facial hair.
19 July 2021
If, after finishing your pharmacy studies recently, you are now a fully-fledged pharmacist and you would like to set up your own pharmacy business, you might benefit reading and following the advice below. Invest in the most comprehensive form of pharmacy insurance you can find Setting up a pharmacy is expensive; the cost of purchasing OTC medicines, toiletries, prescription medications and other stock, hiring employees, renting the pharmacy premises, setting up a website and marketing this new business will require you to invest a large amount of capital (which will probably need to come in the form of a bank loan if you have just recently qualified and have not yet had time to accumulate much wealth).
13 February 2020
When you have a food industry business, you should get a restaurant and cafe insurance in the case of a fire, theft or flood. This type of insurance can help cover the income you lost, and you will not suffer huge losses even if you had to close temporarily. This will give you enough space and time to restore your restaurant to its previous state. This is similar to if a customer or supplier was injured in your restaurant, and they sued you for damages; the insurance will cover you for this as well.
22 May 2019
You may have taken insurance for granted, but the truth is that it is an important weapon in your arsenal. Life insurance shouldn't be taken lightly because it can protect your family from financial issues in the unlikely event of your demise. Mortality is uncertain—and it can happen any time. With so many insurance options available to you, how do you choose? An insurance broker will help you by shopping around, but it pays to have some knowledge on your own too.
27 June 2018
Every business has inherent risks that entrepreneurs must consider when they launch operations. Business insurance can safeguard your company against several scenarios that might prove costly such as liability cases and damage to property. Finding the right cover will set a businessperson on a sound economic footing from the get-go. Here are four types of business insurance that every startup company must know. Commercial Property Insurance -- Physical property such as equipment, machinery, furniture, inventory, and buildings are susceptible to damage.
18 January 2018
