Business service · Banking

Business insurance

Some cover is a legal requirement; the rest is protection you choose.

ConditionalExternal serviceNot a government requirement · Last reviewed 2026-08-01

What is this?

Policies covering the assets, people and liabilities of the business.

Why do you need it?

  • Legal requirements such as motor and certain employee cover
  • Protection of premises, stock and equipment
  • Contract and tender requirements

Inzira guidance

Any business with premises, vehicles, employees or public exposure. Before operations start and before assets are on site.

How to do it

  1. 01List what a loss would cost you: premises, stock, equipment, vehicles, people.
  2. 02Confirm which covers are legally required for your activity.
  3. 03Get comparable quotes on identical cover levels.
  4. 04Check exclusions before signing.
  5. 05Diarise renewal dates.

What to look for

  • Legal requirement: motor vehicle cover, and cover required by your licence or sector
  • Recommended protection: property, public liability, business interruption, employee-related, sector-specific
  • Insurer licensed by the financial regulator
  • Claims process and exclusions

Was this step helpful?