Top 5 Insurance Tips - in 60 seconds
1. If customer or supplies information including credit card or bank account details are stored on your system, if hacked your responsible.
2. Insure for the full value of property as most polices contain big penalties for under-Insurance.
3. Liability policies only provide cover the business activities detailed in your policy. Not included not covered.
4. Workers Compensation is compulsory if you have employees. Large fines apply.
5. Save money by minimising risk to your business before purchasing Insurance.