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BUSINESS INFORMATION SHEETS > INSURANCE > Purchasing insurance (IN 1)

Taking cover

Insurance is essential to the survival of your business. A break-in, fire, computer failure or your biggest customer going bankrupt could all prove disastrous.

Insurance can protect your business against most risks. Your peace of mind rests on the expectation of financial compensation if the worst happens.

But a policy may be ineffective if you fail to buy enough cover, misunderstand the terms and conditions, or hold back the information your insurer needs.

This briefing outlines:

  • What insurance you must buy.
  • What insurance you should consider buying.
  • How to buy the right cover for your needs.
  • What you need to know about insurance policies.

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