Business insurance is a policy, or combination of policies, designed to help protect your business against specified risks in return for a premium. Depending on your work, cover might include public liability, employers’ liability, professional indemnity, business property, stock, vehicles or business interruption. If something happens, you usually notify the insurer promptly, provide evidence and pay any applicable excess, while the insurer assesses the claim against the policy terms, limits and exclusions. Cover needs vary by business, so check the wording carefully and consider advice from an FCA-authorised insurance provider.