Insurance FAQs
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What is a DBS check
DBS checks aren’t always just a ‘nice-to-have’ when it comes to hiring new employees - in some jobs, this type of check is a legal requirement, particularly when the role involves working with children or vulnerable adults.
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What is defamation?
Defamation is the umbrella term for libel and slander and is based around reputation – and specifically relates to statements that damage the reputation of others.
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What is a breach of confidentiality?
A breach of confidentiality occurs when information given in confidence is disclosed to a third party without consent. Most confidentiality breaches happen accidentally.
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What is professional indemnity insurance?
Professional indemnity insurance is a commercial policy designed to protect you and your business against claims for financial loss or damage that are made by a client or other third party individuals. These claims could come as a result of perceived negligent services or negligent advice your business has provided.
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What is entity defence cover
While most charities and community groups recognise the importance of having professional indemnity and public liability cover, few are aware of the importance of having entity defence.
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What is trustee indemnity insurance?
Reputable and committed trustees are vitally important to charities and community groups. However, it is important to recognise that trustees of even small charities bear considerable responsibility.
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What is business equipment insurance?
Business equipment insurance provides cover for damage or loss to property or equipment that you use in the course of your business.
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What is employer's liability insurance
In the course of operating your business, your employees can be injured or suffer from illness as a result of working for you, regardless of how safe your premises appear to be or how benign your business activities may seem.
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What is public liability insurance?
Public liability insurance (often referred to as PL insurance) covers the legal costs and expenses incurred in your defence, as well as any damages and costs that may be awarded, if you are alleged to have injured another person (who is not one of your employees) or damaged their property whilst going about your business.
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What is business interruption insurance
Business interruption (BI) insurance is one of the most misunderstood - and therefore often overlooked - business insurance policies.