The potential financial fall out for your company if you don't have the correct level of business insurance cover to protect you from liability claims by either members of the public or indeed your own employees could be huge.

Business insurance also allows you to insure buildings and commercial properties as well as business premises such as newsagents, tobacconists, clothing & fashion stores to name just a few each.

Checking to see if you have an adequate level of business insurance cover will go a long way to ensuring you have less to pay out in the event of an emergency or claim.

What is also not widely understood is that most "normal" home insurance policies will not cover rented or let properties, which is why dedicated landlords insurance has also become very competitive and could cost you much less than you think.

So if you would like to ensure your business is insured and you pay a price you can afford you will need to decide which insurance is correct for your business.

Questions or facts you need to become aware of include

• Which insurance provider and what type of commercial insurance can protect your business?

• Which insurance provides protection against the adverse financial consequences of employee illness, injury or death?

• What kind of liability insurance do you actually need, what are your legal liabilities and which types of insurances are required by law and which are optional?

• Do you have any potential extra risks if your trading abroad and how can you make sure you are insured against them?

You should compile a clear report of all your health and safety risks in order to find the right insurance broker for your type of business.

In this new section we will ensure you can take advantage and advice from specialist providers of this kind of insurance who can help to make sure your business is insured at a price it can afford.