Let’s Think Differently About Small Business Insurance
To provide business protection for your SME, you need to think differently.
When you start a new business, getting an SME insurance package is probably not the first thing on your mind. This mindset needs to change. We live in a hyper connected world where everyone’s data is vulnerable. If you ignore protecting your business with a small business insurance plan, you risk losing everything.
Let’s go through some of the common misconceptions about insurance for SMEs:
- That it’s unnecessary. Sometimes, people view SME insurance requirements as redundant and not applicable to them.
- It’s too Confusing. Some business protection insurance policies can be wordy and inaccessible.
- Insurance is always too expensive. It’s a big financial investment starting a small business. Getting Singapore SME insurance is just another expense.
Don’t worry, we can help you with this. Our experienced team of advisors understand these things. They also know that different businesses are exposed to different risks. They will guide you every step of the way. That way, you can focus on your business.
Why choose Expat Insurance?
There are three reasons:
- Our trusted advisors
- Our Award-winning team
- Our Fully tailored solutions
Small Business Packages
We will help you safeguard your business as it grows. Let’s take a look at what our compulsory business insurance packages include:
Cyber security insurance
You might think that you are too small to be targeted by cyber criminals, but you are actually very vulnerable. Almost 3 in 5 Singapore SMES faced a cyber threat in 2018.
Cyber-attacks are becoming more common and more sophisticated than ever before. Some businesses never recover from these attacks. It is not only expensive, but it can ruin your reputation. This is why cyber security insurance is crucial for businesses in 2020.
Personal Indemnity Insurance
If you give advice or if you offer a service, getting protection for your business is a no brainer. Personal Indemnity Insurance protects you form:
- Error and omission
Getting PI Insurance can be beneficial in retaining clients as it shows that you are managing your risk responsibly.
Directors and Officers Insurance
As a director you can be held personally liable. Directors and Officers (D & O) Insurance can protect your personal liability and defend you from financial loss.
We know that insurance is an essential part of any small business plan, so we have designed solutions that specifically help SMEs mitigate risk.
Our friendly and impartial advice means that you can trust us as your insurance advisors so that you can focus on getting your business off the ground.
Let us know today if you need some advice on protecting your small business.