Business Insurance in the UK

Many Ukrainians in the UK are starting small businesses such as home baking, cleaning, beauty services,repairs, photography, tutoring and more. In the UK it is very important to have the right insurance to protect yourself from unexpected situations and financial loss.

Why do you need insurance?

Insurance protects you if something goes wrong while you are working. If a client gets injured, their property is damaged, your product causes harm, or an accident happens — the insurance company pays the costs. It helps you avoid large financial risks, appear professional and work with confidence.

Main Types of Insurance

Public Liability Insurance

Covers situations where a client is injured or their property is damaged because of your work.

Suitable for home bakers, nail technicians, hairdressers, massage therapists, cleaners, photographers,

repair specialists.

Price: usually £5–£15 per month.

Product Liability Insurance

Covers harm caused by a product you make or sell — such as food causing allergies or handmade items causing damage. Often included together with Public Liability.

Professional Indemnity Insurance

Protects you if a client believes you made a professional mistake — for example, a tutor gave incorrect advice or a designer submitted the wrong layout.

Suitable for tutors, consultants, designers, IT specialists, accountants.

Employer’s Liability Insurance

Required by law if you have even one employee, even part-time. Not having it can lead to large fines.

Equipment / Tools Insurance

Covers damage, theft or breakdown of your work equipment. Useful for photographers, beauty specialists,bakers, builders, artists.

Home Business Insurance

Regular home insurance may not cover business-related risks. If you work from home, you may need to add “business use”.

Do home-based small businesses need insurance?

Yes. In the UK, liability begins with your very first client. Even if you work for friends, through Instagram, or only take small orders — you still need insurance.

Examples

Home baker

Needs: Public Liability + Product Liability

Cost: £5–£10 per month.

Nail technician / beauty therapist

Needs: Public Liability, Treatment Liability, Equipment Insurance.

Photographer

Needs: Public Liability, Equipment Insurance.

Where to compare prices?

You can get free online quotes from comparison sites such as:

Simply Business, MoneySuperMarket, Markel Direct, PolicyBee.

Conclusion

Insurance means confidence and protection. It helps you avoid unexpected expenses, work professionally and stay safe. A small business with proper insurance is more secure and reliable.