How Most Auto Policies Exclude Coverage For Business Use

It is the responsibility of the employer to keep their employees feeling safe and happy. Here are seven types of insurance that you must have for your business. This coverage does not cover discrimination or sexual harassment claims for that you’d will need an Employment Practices Liability Insurance. If however, your vehicle is used for business purposes the majority of the time (for example if you run a courier service) you will require a different type of car business insurance, termed commercial insurance.business insurance

Her Majesty’s Revenue & Customs are indeed a thorn in the side of modern businesses, their tax laws and implementations providing boundaries, guidelines and in some cases barriers against some of the flexibility of professional companies. However, this will result in your insurance policy becoming void, leaving you open to extreme financial damage in the unfortunate event of a claim against your business.

In case of compensatory …

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What To Look For In A Good Business Insurance Coverage Policy

If you run or own a business or any commercial enterprise, no matter the type of activity in which you are engaged you will need some type of business insurance protection. The loosely applied term “umbrella policy” represents any type of supplemental coverage that can be purchased to safeguard the insured against monetary damages or fees which exceed his base policy’s limits. All too often, the unforeseen exposure may only be discovered when a suit is filed, making the safety net of business insurance an invaluable part of the business arsenal when it comes to protection.

A portion of coverage that you must have according to law is workers compensation. Commercial practices often need the same policies and coverages as individuals. If you have employees, you should have worker’s compensation on the policy, to cover anything happening to an employee if they are hurt, injured or killed as a result …

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