If you own a large enterprise, you most certainly have accomplished the business world. That said, it is vital that you are able to protect your big business by having the right insurance policies in place. When it comes to big business insurance you have to make sure that your business in its entirety is covered. With many employees and multiple offices or sites to think about, this can be overwhelming. At Proper Finance, we are dedicated to finding the right insurance provider and policy for your large enterprise, so that you don’t have to worry.
If you have specialist equipment that is fundamental to the running of your business, it is important that you consider getting it covered by a comprehensive business equipment insurance policy. You can get this type of specialist insurance either separate to your general business insurance, or as part of your entire policy. The terms and conditions will depend on what your chosen policy provider can offer you.
It is important that you take the time to accurately calculate the value of your business equipment when searching for business equipment insurance. This is to avoid the risk of under-valuing your items and not being recompensed appropriately to replace them, or over-valuing them and ending up paying higher premiums than necessary.
Given the size of your company, it is likely that you have a lot of contents to cover, perhaps over many different offices. You may wish to get out separate insurance policies for different locations, or rather a fully-comprehensive policy which covers the business in its entirety. Whichever option you prefer, Proper Finance is here to help you.
Buildings insurance is useful for any business owner, whether the business is run from a commercial property or from a residential property. Buildings insurance will cover you if any damages occur to your building
In the event of a fire, flood or vandalism, your property may need repairing and in this time, you cannot rent out your property to tenants. However, your buildings insurance can pay for all the repairs provided it is part of your policy and also pay for any loss of rent during this time.
It is a legal obligation for your company to have employers’ liability insurance if you have staff working for you. Given that you run a large enterprise, it is likely that you have thousands of employees. As a large business owner, it is fundamental that you have a steadfast insurance policy which is able accounts for any costs that might occur from one of your employees taking legal action against your company.
Employers’ liability insurance will cover either all or some of the costs of any legal action an employee may take against you as a result of injury or illness caused by work. The amount of cover you will receive will depend on the policy you choose. It is important to remember that even former employees can still make a claim against you or your business.
Please be aware that you can get fined up to £2,500 every day you are not insured.
Professional indemnity insurance is an insurance type which covers the cost of any legal expenses as well as compensation bills that are due as a result of a customer deciding to pursue legal action against you and your professional advice. If you run a business that is based on offering professional advice to customers or clients, professional indemnity insurance is an important consideration for you to make, especially if your business is large with many clients or customers, therefore more likely to be the subject of claims.
Getting great business insurance is easy with Proper Finance. Simply fill in a few of your details using our online form and you will be contacted by one of our specialist insurance partners. They will assist you every step of the way, helping you to get insured as effectively and quickly as possible. Alternatively, you can call a specialist directly and request a quote.