The most important thing to consider when buying any business insurance
policy is the level of protection it offers - price is obviously
important, but if your policy doesn’t provide the right level of
protection, it could be useless if you ever have to make a claim.
It’s also important to consider the amount of excess on the policy, which
is the amount you pay towards a claim before your insurance company pays
out. Setting a higher excess usually helps to bring down the cost of your
insurance policy, but setting it too high could land you in financial
difficulty if you ever have to make a claim.
Be aware that public liability insurance won’t cover you against accidents
that happen to you or your employees, or damage to your property or that
of your employees, but if your business deals with anyone that isn’t
employed by you, public liability insurance is essential.
Speak to the Bionic business insurance team to get business insurance that
is tailored to suit your exact needs and cover against the real risks to
your business. No more. No less. No faff.