Does Your Business Insurance Really Cover You?

Did you know that Office Insurance Anglesey is not included with a Business Owner’s Policy? There are many businesses throughout North Wales and North West England which are oblivious to this fact, and some have suffered from not being covered through events which their insurance providers simply cannot assist with as they have not come under the terms and circumstances defined within a basic Business Insurance plan. For the sake of your business, are you covered? If you have an office environment and you’re relying on a general Business Insurance policy to see you right, you could leave yourself and your company wide open to the worst. There are a number of reputable insurance brokers which can see you right.

But what is Office Insurance and why is it different?

Business Insurance is a very basic policy that is mandated by law. In many occasions as well, you simply cannot rent business space without proving to the building’s owner that you carry general liability. This indeed is covered in Business Insurance plans, but in a very basic and very general sense. Hypothetically, should someone trip over something within your office and decide it’s your fault and that you are to be sued, Business Insurance will provide a very basic level of cover. (providing, of course, that all Health and Safety requirements have been met)

Consider that person falling, and damaging the building while doing so. It’s just as easily done as it is said – and really isn’t a stretch of the imagination to suggest that that person’s fall may damage the building, or your equipment. If they’re carrying liquid, for example, and it ends up, fall or not, inside a computer or a laptop. That’s a toasted laptop. What about the data on it? In the event of hardware failure, an immediate cost is of course the hardware. Business Insurance doesn’t protect against that – let alone what’s truly important, data. It can take a technician hours upon hours to attempt to reinstate your company’s data, and it’s still not a guaranteed thing.

Office Insurance can cover you against all of this, and more – from money cover to legal expenses, to loss of profits to your business following property and contents claims – look for an insurance provider which is up-front about what they offer, and creates a bespoke package for you, to cover the needs of your business on a completely individual basis.