Start with the definitions section, then check what is covered, the policy limits, excesses and any exclusions. Pay close attention to conditions such as security requirements, record-keeping, notifying claims promptly and telling the insurer about changes to your business. Endorsements or special terms can amend the standard wording, so make sure they match your actual activities and turnover. If anything is unclear, ask your FCA-authorised insurer or broker for a written explanation, and consider consulting a solicitor for complex contractual or liability issues.