When you start up in business you will need insurance cover. Contact an insurer and explain exactly how your business will operate. They will then be able to recommend what cover you should have, which might include:
- premises, premises contents and stock
- goods in transit (for example being collected from suppliers)
- business interruption
- employer's liability
- public liability
- motor insurance (for business vehicles)
Premiums may be paid in a lump or they may be paid in instalments. Your insurer will be able to advise you of the amounts due - enter them in the months when you will pay them.