Public and product liability insurance

In case your business and products cause injuries or property damage.

What’s typically covered by public liability insurance?

Claims against your business for:

• damage to someone’s property, because of your business
• an injury or illness caused by your business activities or products
• accidental damage or injuries caused by your employees

For example:

• a client visits your home and trips over a laptop cable, breaking their knee
• one of your suppliers leaves their briefcase in your hallway, and your dog chews the corner

**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 or illness that happens as a result of working for you (including temps and casual workers)

**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:

• you organise a team meeting in your home and an employee slips on the wet hallway floor, falling and breaking her ankle
• your employee is lifting a heavy crate into the back of your van and injures his lower back

Professional indemnity insurance

In case there’s a claim for loss-causing errors or issues with your work.

What’s typically covered by professional indemnity insurance?

Claims against your business for professional negligence or a loss-causing breach of contract. This can include:

• advice which turns out to be incorrect
• mistakes in your work that cost others money to fix

For example:

• you make a mistake while completing a report for a client and they raise a negligence claim for direct losses
• one of your employees unintentionally infringes a client’s intellectual property rights, and you’re sued for damages

Read more about professional indemnity insurance

Business and office equipment insurance

In case something happens to equipment like your phone or laptop.

What’s typically covered by business and office equipment insurance?

• accidental damage to your professional fixtures and fittings, or the equipment you use to run your business
• theft, flood, and fire damage

For example:

• your home is hit by a seasonal flood and the desk you use for work is damaged, as well as your laptop and phone
• the computer you use for work is damaged during a children’s party in your home

Read more about business and office equipment insurance

Tools insurance

In case something happens to your home business kit.

What’s typically covered by tools insurance?

• the specialist tools you use for work, like handheld or portable electronic equipment
• loss, damage, or theft

For example:

• one of your children drops a set of tools you use for your home-based upholstery business, and you need to repair or replace them
• you’re running an ironing and laundry service from home, and your kit gets damaged in a flood in your utility space

Read more about tools insurance

Stock insurance

In case something happens to the products and materials you rely on.

What’s typically covered by stock insurance?

• loss, damage, or theft of essential stock items, like ingredients or spare parts

For example:

• a new order of treatment products you use to run your home-based hair and beauty business are stolen from your doorstep
• you make a large order with a supplements supplier for your home-based nutritionist business, which gets ruined by flooding

Read more about stock insurance

Legal expenses insurance

In case you have to pay legal costs connected with your physio business.

What’s typically covered by legal expenses insurance?

• legal costs attributed to your business
• property damage, nuisance, or trespass and associated legal costs
• HMRC, tax, and compliance issues, if they come up
• includes a tax advice helpline, a 24/7 confidential legal helpline, and crisis PR support to help you protect your professional reputation

For example:

• you haven’t registered your business correctly with HMRC, and begin to incur legal costs as a result
• an employee raises a wrongful termination claim against you, and you need to pay for legal support

Read more about legal expenses insurance

Personal accident insurance

In case anyone you’ve covered is accidentally injured, at work or elsewhere.

What’s typically covered by personal accident insurance?

• injury or death at work or outside of work, for anyone covered on the policy
• lost income, medical costs and hospitalisation benefit

For example:

• you injure your eye while playing squash, and need time away from work for treatment
• your business partner, who you’ve covered on the policy, breaks their collarbone in a full down your front steps

Read more about personal accident insurance