Car accidents happen. Fires start. People get sick; they fall; they even die. It can all happen in your business. That’s why you need business insurance.
What is Business Insurance?
This type of short term insurance is an umbrella term that encompasses a variety of coverage to protect you as a business owner from losses. With the different types of insurance you can cover business vehicles and property as well as insuring against any legal claims made against the business. Business insurance can also provide health cover for employees.
Business Insurance South Africa
Even if you think your business doesn’t have enough assets to be sued, or that you’re protected from personal liability, you should be looking into home office insurance and insurance quotes.
You need insurance – anyone can be sued. Bank accounts can be seized. Anything can happen to your business. Business insurance companies advise that the smaller your operations, the more likely you could be held personally liable for various debts. At the very least you need business car insurance.
Simply put, a business needs business insurance because there are a multitude of potential threats and risks to its realisations and continual operation. A tailored business insurance quote is a step closer to protecting you and your company.
Different Types of Insurance
There are different types of business insurance, including business interruption insurance which makes up for loss of cash flow and profits due to some or other event. Other types include:
- Property and casualty insurance
- Commercial auto insurance
- Liability insurance
- Product liability insurance
- Health insurance
- Life and disability insurance
- Workers compensation business insurance
Business Insurance Quotes
You can get a business insurance policy that combines different kinds of insurance. A small business insurance policy typically includes casualty, property, business interruption and liability cover. The premiums are reasonable when you take a package deal too.
Another popular business insurance combination is the home office policy. This policy combines homeowner’s and business insurance. It also combines a business pursuit’s endorsement to the homeowner’s policy to provide ample protection.
Business Insurance Quotes Online
To buy business insurance, you need to get business insurance quotes from insurance companies.
You can get an online insurance quote by filling in the form on this page and submitting it. Our brokers will get in touch to help you devise the perfect policy for your business.
A good starting point for taking insurance is to know exactly what it is your business does. And what it does not do too. You should have an understanding of the company’s direction. With this knowledge you can find out about the different types of business insurance that will work for your line of business.
Our agents can help you with all these aspects when choosing business insurance.