What does business insurance cover?
Our covers are designed specifically for early-stage businesses. Powered by leading tech to provide highly-tailored protection at a competitive premium.
- Pay by the month
- Change your cover anytime
- Make changes without fees
- Instant documents
Terms & Conditions
The "one-month free" offer is available to any 1st Formations customer taking out a new business policy with Superscript; it will not be granted in conjunction with any other offer, voucher or discount, excluding unique referral codes from our Refer-A-Friend programme which can be used in conjunction with the 1st Formations discount. The "one-month free" offer applies for 1 month only from the inception date of the initial policy.
Insure your new business in less than 10 minutes
Flexible monthly subscription. No fees to change or cancel your cover.
Why do I need business insurance?
Potential investors will appreciate you having insurance and will consider you a safer bet. You'll always have to take risks, that's what makes you an entrepreneur. But having an eye for the key risks of your new business is equally important for investors.
Building your dream team
Time for your first employee? Employers liability insurance is essential for new businesses looking to grow, it covers the cost for claims from employees who may have become ill or injured as a result of working for you. Not to mention it's legally required.
First big client
Close to sealing the deal with a potential high-profile client? It's not uncommon for clients to ask about professional indemnity insurance (PI) that covers the service or advice you're supplying. On the flip-side – you should make sure the suppliers you deal with also have PI.
New office and equipment
We've made insuring your business simple. Get started.
Customise your cover
To simplify things, we've categorised our covers into three groups: essential covers, professional covers, and management covers. You'll be guided through these different options during the quotation process.
Boost your cover from £2.80 per month
Authorised by the FCA
The FCA supervises UK financial services firms to protect consumers. We are directly authorised and regulated by the FCA and our Firm Reference Number is 656459. These details can be confirmed on the Financial Services Register at www.fca.org.uk or by calling the FCA on 0845 606 1234.
A-rated financial strength
Our insurance products are underwritten by Standard & Poor’s A-rated financial strength or higher. This means the underwriter has been independently assessed by the world’s leading credit rating provider and found to have a strong capacity to meet financial commitments (pay claims).
Protected by the FSCS
If you are a business with an annual turnover under £1m, charity with an annual income under £1m, or trust with net assets under £1m, then you will be entitled to compensation from the FSCS in the unlikely event we cannot meet our obligations. Full details and further information on the scheme are available at www.fscs.org.uk.