While no single policy perfectly covers liability and credit risk, a combination of insurance products can address these risks.

• Liability: Public liability insurance covers your business against damages caused to third parties for bodily injury or property damage. Professional indemnity covers liability for professional negligence. Directors & Officers Liability (D&O) covers the personal liability of directors and officers.
• Credit risk: Trade credit insurance is specifically designed to cover the risk of non-payment by your customers. This helps protect your business from bad debts.
• Packaged or Diversified coverage: It is essential to have a 360-degree approach to liability and credit risk where a package of insurance policies can address such risk diversity.
• Consult an expert: Discuss your specific needs with an insurance broker to determine the best policies for your business.
• Regular review: Periodically review your insurance coverage to ensure it continues to meet your evolving business growth needs.

Click here to get a quote, connect with our business insurance experts, and find the perfect plan for your business risks.