Business Insurance

Business Insurance, also known as Commercial Insurance, can encompass various types of coverage aimed at safeguarding your business in case unforeseen circumstances arise. Business Insurance aims to protect businesses against losses suffered in the course of their normal activities, particularly when the business faces a compensation claim. A typical business insurance policy usually consists of a combination of the following covers: Public Liability Insurance, Professional Indemnity Insurance, Public and Employers' Liability Insurance, and Contents Insurance.

A Business Insurance policy with Professional Insurance Agents Ltd aims to protect businesses and organisations in Eastbourne and across the country.

Business Insurance can offer valuable protection for business owners and independent professionals, aiming to protect them against common risks that can arise in their day-to-day operations. This includes cover for mistakes, damage to stock or premises, potential injuries or accidents as well as legal costs. If you employ staff, then you must obtain suitable Employers' Liability Insurance, which can help to cover the costs of employee claims for illness or injury caused by their work due to employers’ negligence.

Limited companies are also required to have suitable liability cover. In the event of an unforeseen event affecting your business, having a Business Insurance policy in place can greatly assist in the process of getting your business back on track and operating smoothly once again.

A few of the main Business Insurance policies we offer are:

Whether you are a large organisation or a small family-run business, your office is a major asset so it is extremely important that it is adequately protected. Office Insurance is specifically designed to provide protection against unforeseen events that can be devastating to your business, including floods, fires, and burglaries.

The impact of these incidents on both your business and finances can be significant, which is why it is crucial to have a tailored Office Insurance policy in place that can address your specific needs.

Whether it's damage to your office equipment, inventory, or legal expenses arising from unforeseen circumstances, having Office Insurance aims to ensure that you are prepared and equipped to handle any potential setbacks or losses that may arise, allowing you to focus on running your business with confidence. Office insurance can offer a wide range of coverage options to protect various elements of your business.

This includes contents, fixtures, fittings, as well as computer equipment and portable devices. With numerous cover options available, you have the flexibility to tailor your policy according to your specific needs

EPL (Employment Practices Liability) Insurance is a valuable resource that provides effective assistance in the event of an employment claim, helping to protect your business. EPL Insurance aims to provide cover for employers against a range of potential employee lawsuits, such as sexual harassment, negligence, wrongful termination, discrimination, invasion of employee privacy, and failure to hire or promote, among other factors.

This comprehensive cover helps to mitigate the risks faced by businesses when it comes to employment-related claims and can provide financial protection from any associated legal costs. By having EPL Insurance in place, you can be confident in your ability to address and manage any employment-related issues that may arise, knowing that your business is protected from any potential liabilities.

In today's society, where litigation is on the rise, it has become crucial for companies to secure comprehensive cover to protect themselves against unexpected events. Employment Practices Liability (EPL) Insurance is commonly obtained alongside Directors and Officers Insurance. This policy can also provide protection against discrimination, harassment and unfair dismissal cases that are taken to tribunal.

This is probably one of the biggest worries many companies face as the costs can be exorbitant. Employment tribunals have increased in recent years with the average compensation award over £8,000 however, the highest award currently stands at over £3,000,000. This does not include the legal costs to defend the claim, which can run into the tens of thousands, even on smaller claims.

Business Travel Insurance is a cover for business rather than a holiday or leisure trip. In today's dynamic risk environment, it is essential to prioritise the well-being and peace of mind of employees through the inclusion of specialist Business Travel Insurance. If you, your directors or your employees make more than a single business trip a year then it is worth purchasing an annual Commercial Travel Insurance policy instead of a normal travel insurance policy.

If Business Travel Insurance is taken out the following benefits are available: