Generally when you seek to take out Business Insurance you will build a tailor made policy including all of the aspects that are of relevance to your business and the work that you carry out. A case study example is below
The category which best describes his business - Construction/Building trade
The exact occupation within this trade - Joiner
Does he have a secondary trade or occupation that he needs cover for - In this case no but if he was also to implement or fit his products in the homes of his customers he would need a different package to include this.
Where exactly the business is located - address can be a factor that effects the premium
What type of business is being run - Mr smith is a Sole Proprietor but he could for example be a partnership or a limited company
What sort of premise does the business work from - As stated Mr smith has a dedicated workshop but he could work from home
Mr smith runs a small joinery business and has his own workshop, he employs 2 other people to assist him. He wants to know about the types of Business Insurance available to suit his business needs so he obtains a quotation where he may be asked:
The category which best describes his business - Construction/Building trade The exact occupation within this trade - Joiner
Does he have a secondary trade or occupation that he needs cover for - In this case no but if he was also to implement or fit his products in the homes of his customers he would need a different package to include this.
Where exactly the business is located - address can be a factor that effects the premium
What type of business is being run - Mr smith is a Sole Proprietor but he could for example be a partnership or a limited company
What sort of premise does the business work from - As stated Mr smith has a dedicated workshop but he could work from home
