A fire can be put out in a day, yet the financial damage to a business may continue for months. Customers find alternatives, machinery takes time to replace, and rent and wages may still fall due. Business interruption insurance in the UK addresses some of that gap when an insured event disrupts trading. The distinction ...
When you are self-employed, illness can stop invoices being issued, projects being completed and money reaching your account. Unlike an employee, a sole trader, contractor or freelancer usually has no employer-funded sick pay to absorb the first weeks away from work. Income protection insurance is designed to replace part of that lost income when illness ...
Picture this: your office IT system goes down at 9am on a Monday, taken out by a ransomware attack you never saw coming. Or a burst pipe floods your warehouse overnight. Either way, trading stops, but your rent, payroll and supplier invoices don’t. This is exactly the kind of scenario insurers are watching closely heading ...
