You are the property owner and want the best coverage for your property. A good buildings insurance policy covers fire, storm, water and burglary damage, amongst other things.

You rent the property and want to make improvements, such as a new ceiling or updated floor. This is covered by tenants insurance.

Your business is damaged in such a way that you are not able to make a turnover for weeks and it may even take months before your turnover is back to its old levels. You are not making a profit, yet you still have to pay your fixed costs. A business interruption clause covers these costs.

Say a customer slips on your freshly cleaned floor and their expensive bag breaks as a result. A liability clause covers this damage.

A good day quickly brings in thousands of dollars/pounds/euros in cash. With cash insurance cover you insure these bills and coins against theft. A precondition for this insurance is that you must store the cash safely in a good vault outside of your operating hours.

Should your business’ surroundings become damaged, for instance while putting out a fire, you may be held liable by your local government. An environmental damage clause covers the costs of cleaning, research and even defence if applicable. It also covers costs associated with cleaning, such as replacing buried cables or renovating pavement.

A legal conflict can arise just like that and lawyers are expensive. One call and you have a bill on your doormat. With legal expenses insurance you get free telephone advice. You then determine the best approach together with your lawyer. You are not alone.