Small Business Guides
Both small and large businesses create vital jobs, provide essential services and generate significant wealth for the country. The insurance industry exists in order to help these companies manage their risks and claims for losses when things unfortunately go wrong. Insurance is therefore an essential safety net and helps to put businesses back on their feet and pay the cost of damage. Without this many businesses would fail to survive a large loss.
A guide to protecting your business – Click here
BIBA has launched a guide to help small businesses avoid under-insurance.
The guide was published at time when businesses are potentially more vulnerable to the risks of under-insurance as a result of uncertainty in the run up to Brexit leading to a fall in the value of the pound. This currency fluctuation may make it more expensive to import goods such as replacement equipment, plant or machinery.