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Can I cover my tools, equipment and stock?
Yes, these are key areas of many business insurance policies. Make sure that your property is insured for its full value and keep receipts or other proof of ownership.
What is an excess?
An excess is the amount of a claim that is payable by you. For example, if you select an excess of £500 and have a claim worth £2,500, then you will pay the first £500 and insurers will pay the rest (£2,000).
What is business insurance?
Business insurance covers your business in the event of an emergency of unforeseen circumstances. It will provide you with peace of mind that your business will be able to continue to operate should anything happen to your property or equipment. Any potential claims would be met if a third party was injured on your premises.