Finance

Shop owners seeking to protect their business from things like theft, damages, and fire will need to obtain adequate shop insurance. Using NimbleFins for shop insurance quotes can help business owners find the best commercial policy. Structuring shop insurance can be complex, with multiple coverage types included under the policy, and prices can be very different depending on insurers' business needs and product offerings. Not all shops are the same, and the cost of ship insurance can be affected by many things. For example, the type of products being sold, the number of staff, and even the location of the business can all affect policy pricing. While many kinds of coverage can be added to shop insurance, most companies will have a minimum of three types that give protection again...

Massage therapy is thought of as being relaxing, promoting healing of the body and the drainage of toxins out of the muscles. However, the reality is that a massage therapist providing such treatments must consider taking out insurance cover. Business insurance protects should the treatment not go to plan or against other eventualities. After all, massage involves working on the human body, so there is always the risk of injury, especially if a client has any existing issues. Massage therapists are considered to be professionals and can be blamed for client injury. Injury can also affect massage therapists themselves and their ability to work. Plus, costs can be significant if any equipment becomes damaged or is stolen. Although insurance isn’t part of the physical side of a massage busi...

Professional indemnity insurance is a significant cost for solicitors and law firms. The cost of solicitors indemnity insurance is quite variable but can come in at £3,000 or more even for an individual solicitor. And the larger the firm, the higher the costs. Insurance providers will cost policies based on a host of factors to price the risk accurately. Insurance providers will want to learn all about the business before offering a quote. As a result, it can take a while to get quotes back from insurers. For this reason, it's very important to start shopping for solicitors professional indemnity insurance with a few weeks to go before you need the policy to start. How much is solicitors professional indemnity insurance? Solicitors professional indemnity insurance premiums typically r...

If you are a company or sole trader involved in the motor trade, you will require a motor trade insurance certificate. To get a certificate, you’ll need a motor trade insurance policy, which you can find via sites like NimbleFins to help you get discounts. Once you have a policy in place, your insurance company or broker will supply you with your motor trade insurance certificate. To obtain a certificate, you will have to prove your involvement with the motor industry and demonstrate that you earn an income from activities connected with the sale, repair or maintenance of vehicles. This can be evidenced by records of transactions, invoices, and receipts from services provided or vehicle sales. If your business is centred around vehicles in any way, including transportation or cleaning, t...

A search online for “hire and reward insurance” will show that there are a number of different aggregators, insurers and brokers who provide quotes for vehicle insurance for drivers being paid for making trips with their vehicle. Hire and reward insurance for food delivery, taxi drivers, driving instructors, and more is a must-have for anyone using their vehicle in return for payment. Depending on the tier of cover, it can help protect the driver, the vehicle and other road users from the additional risks that professional drivers can face. Finding hire and reward insurance doesn’t need to cause headaches; however, there are conflicting reports online as to what exactly hire and reward is (and the coverage levels required for certain work that does require hire and reward), so it’s good t...

Sports clubs, from rugby clubs to cricket clubs, most definitely need insurance. Since members of the public frequent them, one type of liability insurance that a sports club typically needs to buy are public liability insurance. And if the club has any volunteers or employs any staff, even on a part-time basis, they typically need to buy employers’ liability insurance as well. According to NimbleFins, these two critical types of liability insurance can often be quoted together from the same provider to keep things easy. Below we’ll discuss what public liability and employers’ liability insurance cover, as well as some other types of cover that a sports club might need. What kind of insurance do sports clubs need? The only type of insurance that a sports club would be required to hold...

Professional indemnity insurance is a type of business liability cover for those who trade their expert knowledge, advice, or professional service. It safeguards business owners from compensation claims from disgruntled clients who are unhappy with a service and say it has cost them money. This could be due to a mistake or negligence. Professional indemnity insurance (also known as professional liability insurance) covers a legal defence cost plus the damages awarded to the claimant. Damages can cover loss of earnings, future loss of earnings, and the cost of repairing the issues caused by the policyholder. Some issues which professional indemnity insurance can cover include: Lost or damaged documents while a policyholder is responsible for them. This can also include sending a vir...

Yes, a delivery driver cannot rely on their regular social, domestic & pleasure (SD&P) vehicle insurance as this will not cover delivery driving, whether food or packages. It would help if you had special food delivery insurance to drive on the road legally as a delivery driver in the United Kingdom.   Does car insurance cover food delivery driving? No, your traditional vehicle insurance (usually referred to as Social, Domestic & Pleasure, or SD&P) will not cover you for food delivery. In order to be appropriately covered for food delivery, you’ll require a bespoke delivery driver/food delivery insurance policy. They come in two distinct forms - ‘full-time’ Courier/Delivery Driver insurance and ‘top-up’/’pay-as-you-go’ Hire and Reward. A full-time policy is usually ch...

In order to work as a courier in the UK, you will need a form of courier insurance. This might take the form of a full-time courier policy, which usually includes your social, domestic & pleasure (SD&P) coverage within it, so you’re covered whether you’re on the road for work or otherwise. Alternatively, you can get a ‘top-up’/’pay-as-you-go’ hire and reward policy (in addition to your SD&P insurance from another provider), where you pay hourly/daily when you require coverage and ‘clock off’ of your coverage at the end of your shift, ending the cost. Both have their benefits - a full-time policy offers you the assurance that you’re covered any time you’re on the road, and it can be useful to have your SD&P and courier coverage from a single provider, easing your claims pro...

It's essential to get beauty liability insurance to cover all that you do as a beauty therapist, whether you work in a salon or as a mobile beauty therapist. As a beauty therapist, you'll come into contact with various products and tools that allow you to do your job. This includes everything from hot wax to eyelash dye, chemical peels and, of course, lots of potentially dangerous tools. Even when you try your utmost to give your clients the best possible experience, things might not always go to plan. Should your client have an adverse reaction to treatment or even injure themselves in your salon, you will be liable if they decide to take legal action. Here's what you need to know about beauty insurance. Beauty Liability Insurance The general umbrella term for insurance you need is ...