Public liability insurance

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

What’s typically covered by public liability insurance for speech therapist?

Claims against your business for:

• damage to someone else’s property, caused by your work
• injuries caused by you at work, or afterwards because of your work
• accidental injury or damage caused by your employees (if you have any)

For example:

• you accidentally knock your client’s car when parking up outside their house, causing damage to the paintwork on one side
• a customer trips on a loose cable while on your premises, falling and breaking their arm in several places
• an employee is mopping the floor, but forgets to put up a safety sign, causing an electrician to fall and injure their back

**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 practice.

What’s typically covered by employers’ liability insurance?

Claims against your business for:

• injuries to staff (including casual labourers and contractors) that are caused as a result of your business
• illness suffered by an employee (including temps and casual workers) caused by working for you

**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:

• your office manager breaks their finger while trying to close a faulty window at your business premises
• your receptionist trips over a cable running across the floor of your office, breaking their ankle
• a temp worker scratches their arm on one of your tools, and the injury becomes infected

Contents insurance

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

What’s typically covered by business equipment insurance?

Claims against your business for:

For example:

• a faulty toaster causes a fire in your office kitchen, badly damaging the oven and microwave
• a three-piece sofa suite is ripped by vandals and needs replacing
• thieves break into your office and steal three tablets used by your sales team

Read more about business equipment insurance

Business legal insurance

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

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:

• accidental death or injury, whether it happens at work or elsewhere, for anyone you’ve chosen to cover on your policy
• lost income, plus medical costs and hospitalisation benefit

For example:

• an employee you’ve covered on the policy slips on ice while commuting to the office, injuring their lower back
• you’re tidying the office and an old printer falls onto your shoulder, causing a serious injury
• your business partner bumps their head after a fall, causing ongoing health complications which stop them from working

Read more about personal accident insurance

Stock insurance

In case something happens to your products and consumables.

What’s typically covered by stock insurance?

Claims against your business for:

• damage to (and loss of) stock, following fires, floods, or vandalism
• theft of stock following a break-in
• costs involved with replacing the stock you need to operate

For example :

• your stockroom gets vandalised – products you need to operate are stolen and damaged
• a fire caused by faulty electrics spreads to your stockroom and destroys sellable items
• a leaking pipe floods your business premises, destroying stock that you intend to sell

Read more about stock insurance

Tool insurance

In case your tools are lost, stolen or damaged.

What’s typically covered by tool insurance?

Claims against your business for:

accidental damage to your tools and equipment

theft of the tools you use for your business

loss of your business tools

For example:

• your tools are stolen from your car or van
• you lose some expensive equipment on the way to a job
• a flood causes irreparable damage to your tools

Read more about tool 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:

• when you make a claim on a cover included in your business insurance policy, you won’t need to pay excess

For example :

• after a heavy storm you need to make a claim on your building cover – you don’t have to pay the £250 excess thanks to your excess insurance
• a leak in the bathroom causes a guest to slip and injure themselves and thanks to excess cover, there’s no excess to pay on the claim
• a tenant’s suitcase scratches the wooden flooring in your hallway – you won’t have to pay any excess on your accidental damage claim