What Insurance Do I Need For My Business. Do you need insurance for your online business? If your business employs anyone then you need at least £5m of cover, and you could be fined a maximum of £2,500 for every day that you don’t have insurance.
Commercial property insurance if you own or lease property for your business The insurance plan must cover all the specific requirements of your business and meet industry regulations. You might want to add business personal property insurance (bpp) to your general liability cover.