The type of insurance you require for your business very much depends on the nature of your business. For many small business owners with employed staff, Employer’s liability insurance is a requirement. For those whose business offers advice, professional liability insurance is a useful addition.

Naturally, as your business expands and your responsibilities widen, it is important to be aware of the different insurances which may be applicable in future to protect your business, even if they are not currently required. For instance, while you may not employ staff now, it is worth considering the insurance needs for when you do have a team of employees.