Ultimately, Insurance comes down to protecting your company, your growth, and your employees. Sometimes being your own boss can be challenging but also rewarding, however, if anything goes wrong, it all stops at you. Insurance for start-ups should be more of an investment and not a cost. At Pembroke Insurances, we understand that every start up is different and unique, so you need an insurance policy to reflect this. We can guide and help you every step of the way ensuring that you have the right protection in place at the right price.
We will build a policy that will protect your business against the risks that may occur on a day to day basis. Whether you work on your own, employ people, or even work from home, we can provide you with a simple, quick, affordable, and quality cover policy in minutes, and take the hassle out of your start up insurance for your business.
We know a good policy will let you free up your time, money, and energy to focus on growing your start up business.
What Insurance do I need for my Start-up?
The insurance that you need will depend on the type of business you have, and the risks that may occur. The following policies are available to you:
General Liability Insurance
This policy is important as it covers the early stages of your business. It covers you for legal fees in case of a result of negligence, accident, and injuries on your property. Unfortunately, accidents can occur, and claims can be made.
Employers Liability Insurance
If you run a start up business and have employees, it is a legal requirement that you obtain Employers Liability Insurance. If an employee becomes injured or may become ill as result of working for your business this policy will cover you for any compensation claim.
When it comes to start ups, the biggest investment is the equipment that you need to operate it. This insurance policy will cover all start up physical assets in the event of Damage or Loss. A good policy will include property such as furniture, equipment, buildings, and many other inventories. Whether you own or lease a property, this type of policy will cover all assets regardless. This policy will provide replacement or repair for losses in the event of human made disasters such as such as fire and theft. It also covers you for a replacement for physical assets in the event of damage or loss.
Having the right insurance will give you peace of mind to focus on what really matters when it comes to running a business. The Pembroke insurance team will identify the insurance policy that you need based on your type of business and get a policy to fit around your specific budget.