We have just been to our Bank (HSBC) and had a meeting with the manager. One of the things we discussed was Public Liability Insurance. Now we work completley online and all our clients are online. However the bank manager came up with scenario's like:
"If someone visits your house and is injured by a failling piece of PC Hardware you are liable for damages"
Now to us this is really far fetched and hardly likely to happen, however has any other totaly online Business thought about taking out Public Liability insurance? or is a just a selling pitch by the bank manager.
if you have people visit your home/office on a regular basis, whether employee's, interviewies (sp?), customers/clients, etc, then this might be something you should consider. if you have people stop buy, but seldomly, then it's your call if you want to take the risk.
i'm in no way an expert on this subject. this is just my opinion.
Thanks any advice is appreciated. To be honest its not something we thought about before starting up and I dare say not many other new Business's think of it staight away. However now we have learnt more about it I think we will look into it further.
Well your right to think like that, I mean we still think a lot of what the bank manager was telling us what salesman talk. However it does not cost too much and maybe be worth paying out for just to be safe.