Public liability insurance

In case your business and products cause an injury or property damage.

What’s typically covered by public liability insurance?

Claims against your business for:

• causing damage to someone’s property, caused by you or as a result of your work
• causing illness or injury because of your business activities
• accidental damage or injury caused by your employees, if you have any

For example:

• you spill hot coffee over a client during a meeting, causing a burn
• a contractor working on the same premises as you trips over your tool kit, breaking their knee in the fall
• one of your employees causes extensive damage to your client’s property when reversing their van

**If you do employ anyone, you’re usually required by law to have employers’ liability insurance too.**

Read more about public liability insurance

Employers’ liability insurance

In case anyone gets ill or injured while working for your business

What’s typically covered by employers’ liability insurance?

Claims against your business for:

• an injury to someone you employ, including contractors and temps, that happens as a result of working for you
• a member of staff (including casual workers) falling ill due to your business

**Employers’ liability insurance is required by law if you have people working for you. Without it, you could be fined up to £2,500 a day for each employee.**

For example:

• one of your employees falls down some stairs in your business premises, and makes a claim against you for chronic shoulder pain
• a temporary employee traps their hand in a door at your premises, causing several fractures
• a member of staff trips on a ledge on their way to a meeting, injuring their hip

Professional indemnity

In case a client loses money because of your advice, services or designs.

What’s typically covered by lifestyle consultant professional indemnity insurance?

Claims against your business for:

• negligence or mistakes that leave your client out of pocket, leading to costly legal disputes
• when your client decides your work is inadequate and you lose out financially fixing it
• other faults that lead to fines, claims, or other losses for your client

For example:

• a client alleges that you gave them poor advice, leading to costly legal dispute
• someone sues your client for defamation following something your business said about them
• you lose important documents, meaning your client misses a tax deadline and gets a fine

Read more about professional indemnity insurance

Contents insurance

In case something happens to your fixtures, fittings, or operational equipment.

What’s typically covered by business contents insurance?

Claims against your business for:

• destruction and damage of your contents equipment, such as furniture or photocopiers
• cover for flood or fire damage, plus theft and vandalism

For example:

• some of your business equipment, including a printer, is damaged by a fire
• several TV screens you use for virtual meetings are stolen by thieves
• an upstairs leak in your premises causes damage to the sofa and chairs in your reception area

Read more about business contents insurance

Business legal insurance

In case you’re hit with legal expenses connected to your consultancy.

What’s typically covered by business legal insurance?

Claims against your business for:

• costs and expenses for legal representation to recover debts or unpaid invoices
• costs and expenses following identity theft
• tax protection if there’s an investigation into your business

For example:

• one of your clients is unhappy with your work and believes you haven’t met the contractual requirements – as a result they’re refusing to pay their outstanding invoice
• your CEO’s contact details are used by a fraudster to set up a new line of credit with a business bank
• HMRC is investigating your recent tax return as they noticed a fluctuation in your business income

Read more about business legal insurance

Personal accident insurance

In case anyone you’ve covered is accidentally injured, at work or off-duty.

What’s typically covered by personal accident insurance?

Claims against your business for:

• if someone named on the policy is accidentally injured or dies while at work or elsewhere
• any hospitalisation benefit or medical costs, plus lost income

For example:

• you fall off a ladder while decorating your home, breaking your elbow
• a member of staff, who’s named on the policy, dislocates their shoulder while playing tennis and can’t work to full capacity
• an insect bite you got on holiday becomes infected and you need to take time off work for hospital treatment

Read more about personal accident insurance

Excess insurance

In case you need to make a claim on your insurance policy.

What’s typically covered by excess insurance?

Claims made by you for:

• the cost of the excess you’d have to pay when making a claim on a cover included in your business insurance policy

For example:

• strong winds cause severe damage to the roof of your property – you don’t have to pay the £250 excess thanks to your excess insurance
• a guest accidentally breaks a television during their stay at your property and thanks to your excess insurance, you don’t need to pay excess on the claim
• a guest’s child trips on a loose carpet and breaks their arm – they claim compensation and you don’t pay excess due to your excess insurance