This will depend on the work that your business does and the specific dangers and risks involved. Employers' liability insurance (insuring against any injuries to employees) is compulsory for all businesses that employ staff other than the owner's family. If the business runs its own motor vehicles, you must also have motor insurance. If you, or your staff, use your own vehicles for business activities, you should check that the insurance of the individual users provides cover for business purposes.
The other important kinds of insurance to consider are:
- Public liability insurance - against injury to the public caused by the business.
- Product liability insurance- against injury caused by your product (this insurance is taken in conjunction with public liability insurance).
- Building and contents insurance- if you own premises.