What types of insurance should I take out for my SME?

What types of insurance should I take out for my SME?

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Ask-Entrepreneur

You need to identify all potential risks to your business, including natural threats such as weather-related events, crime, accidental damage and legal liabilities.

Decide which risks are most likely to occur – and which will cost your business the most money. You can tailor your insurance accordingly, but should always insure:

  • Plant, machinery and equipment;
  • Stock;
  • Business interruption cover;
  • Computers and other office equipment;
  • Motor vehicles;
  • Legal liabilities.