What insurance should a small limited company have?

Employers’ liability is a legal must if you have staff; public liability, professional indemnity and business interruption cover are the common next priorities. Match cover to your actual risks, not a checklist. Employers’ liability insurance is legally required once you have employees, with limited exceptions. Motor cover is required for business vehicles. These are non-negotiable.

What insurance should a small limited company

2 min read

Employers’ liabilityLegal if you employ

Public liabilityCommon

MatchTo your risks

What the law requires

Employers’ liability insurance is legally required once you have employees, with limited exceptions. Motor cover is required for business vehicles. These are non-negotiable.

The sensible extras

Public liability protects against third-party injury or damage; professional indemnity suits advice-based businesses; business interruption cover helps you keep paying costs — including loan repayments — after a shock. Read business interruption insurance.

What it means for you

Credicorp lends to your company, not to you personally, and takes no personal guarantee. See business loans or apply online.

Frequently asked questions

What insurance is legally required for my company?

Employers’ liability once you have staff, and motor insurance for business vehicles. Other covers are strongly advisable but not compulsory.

Do I really need public liability?

If members of the public or clients visit your premises or you work on theirs, it is a common and sensible protection against injury or damage claims.