Karen Thomas is a Chartered Insurance Broker. She's the founder of Breathe Insurance Brokers - commercial insurance specialists.
Is it a good idea to sign a long term agreement in exchange for a discount on your business insurance premium? I spoke to a company director this morning who had taken out a five-year long term agreement (LTA) on the company’s commercial insurance in order to save money. In other words they had signed …
Long Term Agreement On Your Business Insurance – Is It A Good Idea? Read More »
If you work in a business that involves giving advice to customers, you may need professional indemnity insurance. This cover protects your business in case you give the wrong advice, which results in the customer losing money and deciding to sue you. Professional indemnity insurance is not usually a legal requirement but is highly recommended …
Where to find the best professional indemnity insurance? Read More »
Businesses that employ people must have Employers Liability cover. By law such businesses are required to have insurance for at least £5 million. This applies even if your employees are only seasonal or part-time and includes students who work for you unpaid, people who are not employed, but taking part in a youth or adult …
Employers Liability Insurance: does your business need it? Read More »
When arranging motor insurance for the car you use for your business, it is important to make sure you have the right cover. Check that you have the correct class of use on your insurance policy, as this is something the insurance company will check if you have a claim. Standard Motor Insurance Cover – Social, Domestic …
Business Car Insurance – Make Sure You Have The Right Cover Read More »
Insurance companies are currently offering some excellent rates on business insurance in order to get new business on their books. These rates are often much cheaper than the rates they charge their existing policyholders. Insurers rely on the vast majority of the business owners they insure not having time to look around for alternative quotes …