New business insurance launched by Post Office

The Post Office is launching a new business insurance which will be available at Post Office branches.

As 80 per cent of companies that suffer a major incident or loss fail within 18 months as a result of having inadequate insurance, it is essential for small businesses to have the right insurance in place.

Businesses can choose the cover which meets their individual requirements and the Post Office says it can offer cover for at least 95 per cent of all small and medium sized companies. The organisation also has a dedicated team on hand to help businesses identify what insurance they need by law and what extra cover might be helpful for other parts of their business, like professional indemnity .

Duncan Caesar-Gordon, Post Office head of business insurance, said: "The Post Office is at the heart of every local business community and our new policy will make it even easier for small companies to find business insurance without having to trawl the internet or look around.