What is business insurance?

Business insurance policy protects companies from losses during their usual operations, specifically when they face a compensation claim. Professional indemnity insurance, public liability insurance, and employers' liability insurance are options.

You'll need a business insurance policy to protect yourself from the risks that come with running a business. Insurance can protect you from mistakes, accidents, theft, damage and legal bills, but the specific coverage you need is determined by the type of business you run and how you manage it.