Why do I need business insurance?
Galexia Digital • January 4, 2019
You have insurance for your house, car and belongings, so why overlook business insurance?
If your actions lead to anything being damaged or someone being injured; or any advice you provide or work you complete results in a client losing money, a claim could be made against you.
It is therefore important that you have comprehensive insurance in place to protect you against the above risks.
What types of cover do you need to consider?
Professional Indemnity Insurance
This provides cover if you are accused of professional negligence, errors or omissions and giving bad advice. It will also cover you for any loss of documents, loss of data and a breach of confidentiality.
Professional Indemnity Insurance
This provides cover if you are accused of professional negligence, errors or omissions and giving bad advice. It will also cover you for any loss of documents, loss of data and a breach of confidentiality.
Employer’s Liability Insurance
This is compulsory for almost all UK businesses and often insisted upon by clients. It covers employees – i.e a family member working in a clerical role, or a replacement you hire to fulfil a substitution.
This is compulsory for almost all UK businesses and often insisted upon by clients. It covers employees – i.e a family member working in a clerical role, or a replacement you hire to fulfil a substitution.
Public Liability Insurance
This provides cover if someone is injured, or property is damaged as a result of our actions whilst supplying services. Whether you are on your own premises, in a client’s office or out on site.
This provides cover if someone is injured, or property is damaged as a result of our actions whilst supplying services. Whether you are on your own premises, in a client’s office or out on site.
OnTheGo can help..
Ask your accountant today, all our monthly packages entitle you to a 10% Discount on Kingsbridge Contractors Insurance standard package.
Ask your accountant today, all our monthly packages entitle you to a 10% Discount on Kingsbridge Contractors Insurance standard package.
Can you raise SEIS/EIS if you have more than one company? Learn HMRC rules on groups, connections, and control — and how founders can stay compliant.
In today’s hyper‑efficient business world, it’s tempting to lean entirely on AI. Let it automate forecasting, churn through data, and generate reports—and voilà, your finance department is running like clockwork, right?
Learn how investors claim SEIS/EIS relief and what founders must provide. Certificates, timelines, FAQs, and pitfalls explained in plain English.
