Do I Need Office Insurance?
Any business that operates from an office environment or runs from a commercial premise should be insured against potential threats.
There are many risks that your office is exposed to every day. For example, unexpected events or accidents that might be beyond your immediate control but which you could still be held liable for; this is because you are responsible for the wellbeing of your staff as well as of your visitors, internees, and volunteers.
Additionally, there is the threat of natural catastrophes such as floods and thunderstorms that can bring economic activities to a standstill and adversely impact your business. Workplace hazards like fire can also cause disruptions and financially devastate your company.
Theft and vandalism are standard risks commercial workspaces face as well. Theft of office equipment, such as computers, can cost your business heftily. Vandalism or damage to property can likewise impact your business.
The level of risk your business faces depends on multiple factors, like the size of your company, your sector or industry, and the number of people you employ. That is why it is so important to identify the specific risks your enterprise faces and design a customised office insurance policy accordingly.