Business insurance

External Resource

1 min read

Your business is legally obliged to buy certain insurances, including:

  • employers' liability insurance cover - worth at least £5 million - for most types of employees
  • motor insurance if your business uses vehicles on the road or other public places
  • professional indemnity insurance for businesses in professions such as law and accountancy

You may also want to get insurance to protect your business premises, equipment and stock. An independent insurance broker can help you select the right level of cover, assess which risks pose the greatest threat and find the best deal.

Bg

Find business insurance guidance on mygov.scot

Learn more

Get the support you need right now

You can connect with us through the contact form, call us or contact your local Business Gateway office

Contact Us Find my local office

You might also be interested in

British Business Bank – Supporting business growth in Scotland

At the British Business Bank, we help finance markets for smaller UK businesses to function more effectively, so those businesses can prosper, grow and build the economy.

Scottish Loan Scheme

The Scottish Loan Scheme (SLS) can provide loan funding of £250,000 - £2m to growth focused Scottish companies.

Finding finance

From grants and loans to crowd funding and extended credit, finance for your business is available in a myriad of forms. But how do you know what type is right for your business? Here are the pros and cons of some of the most popular methods of raising capital to boost business.