Business insurance provides essential protection to help create a secure, viable and compliant enterprise. Cover can be tailored to your business including options such as Public Liability and Buildings Insurance. Employer’s Liability Insurance is required by law if you have Employees working for your company.
Finding the right insurance cover for your business is essential as it provides protection against unforeseen costs, such as compensation and legal fees. The field of business you are in will determine the type of business insurance you might need.
If your business runs more than one motor vehicle, you should consider a fleet insurance policy. Motor fleet insurance is a policy that will cover 2 or more specified vehicles (usually most vehicles are considered). The policy can be taken out for private or commercial vehicles. The only differences between a single vehicle policy and a fleet vehicle policy are how your vehicles are rated. Instead of rating on each vehicle and earning ‘No Claims Discount’, the insurer will rate on the claims experience of your entire organisation.
Fleet insurance will reduce the administrative burden on you/your organisation as there will be only one renewal date with one insurer.
Public Liability Insurance provides cover against claims made by members of the public who have sustained injuries or damage to their property in connection with your business. If you come into contact with members of the public as part of the daily running of your business, it makes sense to take out Public Liability Insurance.
At STB Insurance, we have extensive experience arranging Public Liability Insurance cover for a range of businesses across the UK – from self-employed tradesmen to cafes, restaurants, hotels, shops and professional services.
If an employee is injured or becomes ill as a result of the work they do for you, they may try to claim compensation. The majority of businesses in the UK that employ staff are legally obliged to have Employers’ Liability Insurance to provide cover against the cost of compensation and legal fees. STB Insurance, we can arrange Employers’ Liability Insurance alongside your Public Liability policy for small businesses across all sectors. If you have one or more employees, we can help you find Employers’ Liability Insurance to suit your specific requirements.
Personal Accident Insurance
Personal accident cover protects you from serious and unexpected injury, with policies including coverage if an accident or injury leads to your death. Personal accident policies differ from health, medical, and life insurance by paying out only for accidental death or injury.
Claims can be made payable to the client direct or to you as the employer to assist financially in finding coverage for the work the employee will miss.