SMALL BUSINESS INSURANCE

All small businesses need insurance

Every SME in the UK needs insurance in one way or another - quite apart from the "statutory" employer's liability and Road Traffic Act covers.

Every factory, warehouse, office, construction site etc must of necessity effect various Liability and Material Damage covers in order to protect business from unforseen losses.

The range of insurances is extremely large - Fire, Theft, All Risks, Public Liability, Products Liability, Consequential Loss, Fidelity Guarantee, Personal Accident, Engineering, Breakdown, Legal Expenses, Professional Indemnity, Directors and Officers, Motor, Credit, plus many more.

Insurance Problems On The Increase

Over the last few years insurance issues have caused increasing concern, with possibly, 50% or more companies lamenting inadequate advice, unsatisfactory service, excessive premiums and difficulty in obtaining cover.

Latterly, in many cases, premium increases have been at a level sufficient to put the future of many companies in jeopardy.

BUSINESS CRISIS POLICY

Business Support
We'll utilised the full extent of our resources to find speedy, economical and appropriate solutions in the event of a Business Crisis brought about by a sudden unexpected and unforeseeable event occurring in circumstances outside the control of the Insured.

Legal Expenses
One of the widest "Before the Event" covers on the market - contract Disputes, Criminal Prosecution Defence, Employment Disputes, In Depth Tax / Inland Revenue Enquiries, PAYE Audit Investigations / Contributions, Investigations, Property Disputes, Statutory Licence Protection, Data Protection Disputes, Personal Injury Disputes, Motor Vehicle Disputes.

Personal Accident
An affordable means of covering the company against the loss of services of its most valuable assets - its Director and Employees - in the event of Bodily Injury.

Unforseen Expenses
Financial help in the event of interruption to business resulting from many types of business and personal crisis - a welcome breathing space whilst long term solutions are found.

Additionally we can source our insurance contacts who can provide SMEs with Non-Standard Life, Priority Bond & Surety and Asset Protection facilities.

1. satisfy Bank borrowing conditions
2. Effect Partnership Protection arrangements
3. Merely protect the company against loss off services / profits in the event of the death of one of their key personnel

Perhaps you have just been awarded a £2m contract for a Local Authority or PLC, only to discover at the last minute that you must furnish a contract Guarantee Bond.

The bank might have helped, but it would need to treat the Bond amount as Overdraft - the overdraft limit is already exhausted. You do not know how to resolve the matter - certainly in the limited time available. This is where we can assist.

For a free initial consultation contact now