What is business insurance?

Last updated
June 12, 2025
What is business insurance?

Business insurance is designed to protect you from the risks associated with running a business.

As a business owner (whether you're a sole trader, or are running a partnership or a limited company), the onus is on you to think about the risks you face as a business-and to get them covered.

While some risks and their accompanying covers are common to most businesses, others are more niche. The protection you'll need will depend on the risks your business faces.

Business insurance is designed to protect you from the risks associated with running a business.

As a business owner (whether you’re a sole trader, or are running a partnership or a limited company), the onus is on you to think about the risks you face as a business—and to get them covered.

While some risks and their accompanying covers are common to most businesses, others are more niche. The protection you’ll need will depend on the risks your business faces.

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