Business Interruption Insurance
To cover lost profits or income following damage caused to the business premises, such as a fire or burst pipe. Getting this cover right is crucial to the survival of a business following a disaster as it is not just the time it takes to rebuild and replace machinery and stock. Being unable to trade might result in a loss of major customers – how long will it take to either win them back or replace them with others?
Loss of Licence Insurance
To cover loss of income following the refusal to renew, or withdrawal of a licence.
Legal Expenses Insurance
To provide legal advice and costs of pursuing or defending certain actions such as employment, contractual or property disputes. This may also include the costs incurred in an aspect enquiry or full investigation from HMRC.
Directors’ & Officers’ Liability Insurance
A company director can be held personally responsible for a wrongful act committed in the course of the business e.g. Health & Safety at Work, employment dispute or financial matters. Directors’ and Officers’ liability insurance covers the costs of defending such an action and hence protects the personal assets of directors or senior employees.
Employment Practices Liability Insurance
Usually added to Directors’ & Officers’ Liability insurance this protects the business in the event of an alleged wrongful employment act.
Employee Dishonesty Insurance
Handling cash or valuable stock can result in theft by employees. This insurance will cover such events.
Giving credit to customers can be a risky business in the current financial climate but it is necessary in order to compete. Insurance can be arranged to protect your entire debtors list, specific customers or just exports.
As independent insurance brokers, we give advice about and arrange all these types of insurance for businesses in Bromsgrove, Redditch, Worcester, Droitwich, Evesham, throughout Worcestershire, Warwickshire and beyond.
If you would like to discuss any requirements you may have without obligation, please call us on 01527 834696 or CLICK HERE.