Office insurance 'is vital'

10/03/2008

It is of paramount importance that businesses invest in insurance cover for their office premises, it has been claimed.

Small business portal Bytestart explains that office insurance is often overlooked when new companies commence operations.

But such practitioners should not become complacent about the potential benefits to be derived from obtaining such a policy, they contend.

This could be especially important given the widely held belief that 80 per cent of small businesses which suffer a disaster do not survive beyond 18 months later.

"Whether you rent or buy premises it's a vital investment that will give you peace of mind," Bytestart asserts.

Office insurance policies typically cover a variety of different risks under a single combined package, the article notes.

In the case of the Office Combined policy from specialist insurance provider PYV, these include theft, computer breakdown and employee dishonesty, among other exposures which could arise.

PYV are one of the UK's leading providers of professional indemnity insurance. This news article has been produced by Adfero in collaboration with PYV and its unauthorised use is not permitted.

(c) 2008 Adfero Ltd.

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