We are a small company. Do we really need business insurance?

12 August 2026 1 min read

Smaller businesses are usually more exposed, not less, because they have less capital to absorb a loss. A fire, a liability claim or the loss of a key person can end a small business outright. Group health cover is also one of the most effective retention tools available to a small employer.

Information on this website is educational and advisory in nature. Insurance products, benefits, exclusions, waiting periods and claim outcomes are subject to the terms and conditions of the respective insurer's policy document and applicable IRDAI regulations. Please read the policy wording carefully before concluding a sale.

Share this article

Related reading

Financial Analysis