What is business insurance?

This type of insurance offers protection when something goes wrong during the day-to-day running of your business. It can’t stop accidents from happening, but it plays an important role in minimising financial loss from any unexpected events.

The purpose of business insurance is simple – it makes sure that whatever life throws at you, your business is able to recover. Accidents, lawsuits or property damage are all risks when you run a business, but business insurance can be there to cover the cost of these circumstances.

So, whether a fire damages the stock in your warehouse or a customer slips and falls in your coffee shop, business insurance covers these costly claims.