Business Insurance

[mrtadebayo]

with my IT support company, what business insurance do i need?....i was wondering if i can get some sort of insurance for DATA LOSS?

[TurboLemonMedia]

From what i can tell, the most important element of your business insurance will be your Professional Indemnity (PI) which Business Link defines as: "PI insurance protects your business against claims for loss or damage by a client or a third party if you have made mistakes or are found to have been negligent in some or all of the services that you provide for them. PI insurance will also cover legal costs."

If you go to an insurance broker, you'll have the opportunity to sit down and have a good, detailed discussion about what you may or may not need, without the obligation to purchase from them.

Just off subject for a moment, I thought you'd bagged the world's most memorable URL with tits dot co dot uk. Must get my eyes checked!

Tom @ Turbo Lemon Media

Find: www.turbolemonmedia.co.uk
Follow: www.twitter.com/turbolemonmedia
Connect: www.linkedin.com/turbolemonmedia

[mrtadebayo]

lol....haha, its catchy right?....well on a serious note, thanks for that, im gonna get that checked out as i really need that insurance to avoid those situations.

[barrybridges2]

It's usually not that expensive - I'd recommend Hiscox.

[mrtadebayo]

thanks, ill check them out too....yes it definitely not expensive