Business protection insurance is a highly valuable asset to any business which can provide companies with financial assistance.
It is used to provide financial protection to a business in events such as a key person dying, becoming subject to a professional complaint or a member of the public injures themselves on your premises.
Business protection insurance can provide companies with valuable financial assistance in the event that a key employee dies or becomes critically ill, or that the company is sued by a client or a member of the public.
The insurance is a highly valuable asset to any business as it is possible that any company can be rightly or falsely accused of misconduct and the insurance can provide a great peace of mind that legal and compensatory funds are available in either scenario.
Business Protection insurance that is available will often fall into one of the following areas:
How will my Special Risk affect this?
When an individual is being insured it is possible that any of the special risks named on this site could affect the policy acceptance terms. For policies such as Key Man, Shareholder Protection and Business Loan Cover, disclosures such as medical history, hazardous sports, excessive foreign travel and high risk occupations will all be taken into account. For policies such as Key Man, Shareholder Protection and Business Loan Cover, disclosures such as medical history, hazardous sports, excessive foreign travel and high risk occupations will all be taken into account and could affect the cover offered. For other business protection policies such as Professional Indemnity and Public Liability insurance factors such as company size, location, base of operations and primary activities may impact upon the policy terms and costs.
* Special Risks Bureau do not offer advice on Professional Indemnity Insurance or Public Liability Insurance. Enquiries about cover are referred to an authorised third party.
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