Business insurance from Superscript

We’re partnered with insurance experts, Superscript to provide you with small business insurance.

Superscript is our preferred insurance provider for many reasons, but we particularly like them because Superscript lets you:

1. Pick the covers you need and leave the ones you don’t
2. Pay monthly or annually, it’s your choice
3. Get instant proof of cover
4. Adjust your policy at any time, with no admin fees
5. Make hassle-free claims and get UK-based customer support

Business insurance is an umbrella term for a policy made of different types of insurance, each safeguarding the associated costs of different risks. In the face of a claim, business insurance can provide a level of protection against potential financial and reputational losses.

An insurance policy for business can include any number of covers. Ultimately, you’ll need to consider the risks you face as a business and which covers are the most suitable. These are some examples of available covers from Superscript.

Designed to cover the associated compensation and legal costs if you accidentally cause an injury to a client or any third party, this type of insurance can also cover damage to their property in the course of your work.

With this type of cover, successful claims will cover your liability for professional mistakes or problems with your work which result in a claim against you.

Accidents happen – which is why business equipment insurance is designed to cover accidental damage, loss, and violent or forcible theft of equipment belonging to you or your employees.

One of the reasons we partnered with Superscript is because they believe in straightforward policies. No complicated words and confusing statements. But no matter how simple we try to make it, these are some common terms that typically catch people out, so we’ve included some examples and their definitions to help you better understand your policy.

An excess is the amount you pay towards the overall cost of an insurance claim. When settling a successful claim, you’ll be liable for the (usually) pre-agreed amount and your insurer will contribute the rest up to the limit of the cover.

A limit is the maximum amount of money your insurer pays out if you make a successful claim. When taking out insurance, you might typically choose from a few limit options. And because different covers usually have different limits, it’s normal that you could end up with a policy that contains multiple limits.

A premium is the amount you pay for your insurance policy. It’s that simple. Some companies, like Superscript, let you choose whether to pay your premium on a monthly or annual basis, which is pretty nifty.

When it comes to premiums, it’s worth mentioning that different things, like the industry you specialise in, your turnover, where you’re based, and how many staff you employ can affect your premium and how much it costs. The types of insurance you choose and the amount you cover yourself for will also determine how much your premiums are.

Want to know more about our insurance partner?
Learn more about Superscript insurance for business

Disclaimer: This content has been created for general information purposes and should not be taken as formal advice. Where reference to insurance is made it is for educational purposes and doesn’t constitute financial, legal, or professional advice – always speak to a professional advisor if you need advice.

Enro Ltd t/a Superscript is authorised and regulated by the Financial Conduct Authority.