Yes, as you can buy business insurance earlier than you begin trading. But some kinds of business will need a trade licence to function – and when you want a licence and begin trading with out it, your insurance may be invalid. Trade licences are normally issued by the relevant licensing authority or by the native authority. A restaurant owner was discovered at fault after an oil spill within the restaurant led to a buyer having a foul fall.
Choose too low a stage of canopy, and you’d be personally answerable for any shortfall ought to a large declare be made in opposition to you. If you’re nonetheless not completely certain what business insurance you want, that’s okay. When you get a quote, we’ll ask you some particular questions up-entrance that’ll assist information you in the proper direction – no matter what your small business does. AXA Business Insurance is … Read More