Getting
the Right Insurance Cover - Business Insurance Information
About
Getting the Right Insurance Cover
Very
few business owners deal directly with insurance companies. Most
go through an insurance broker for impartial insurance advice. They
can advise you on whether a single policy or a package policy would
be more appropriate for your business. Be sure to give all the relevant
information to the insurer, otherwise an insurance policy may not
be valid.
If
you deal directly with an insurer, it's worth checking if they are
a member of the Association
of British Insurers (ABI).
When
buying insurance:
- get
quotes from a few insurers or ask your broker
- compare
the levels of insurance cover
- talk
to your broker about whether you need a policy tailored to your
specific needs
Facts about the policy to take into account:
- what
the policywill cover
- service
- cost
-
is there a no claims bonus
- does
the insurer offer 24-hour legal advice and emergency helplines
List
of Major Business Insurance Providers
OCIS
provide general insurance information, we urge you to consult the
General
Insurance Standards Council
before making any important decisions about your insurance. |
