2 min read
What the law requires
Employers’ liability insurance is legally required once you have employees, with limited exceptions. Motor cover is required for business vehicles. These are non-negotiable.
The sensible extras
Public liability protects against third-party injury or damage; professional indemnity suits advice-based businesses; business interruption cover helps you keep paying costs — including loan repayments — after a shock. Read business interruption insurance.
What it means for you
Credicorp lends to your company, not to you personally, and takes no personal guarantee. See business loans or apply online.
Frequently asked questions
What insurance is legally required for my company?
Employers’ liability once you have staff, and motor insurance for business vehicles. Other covers are strongly advisable but not compulsory.
Do I really need public liability?
If members of the public or clients visit your premises or you work on theirs, it is a common and sensible protection against injury or damage claims.
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Read →Funding for UK limited companies
Credicorp lends to your company, not to you personally — short-term working capital with no personal guarantee. See what your business could access.