Do i need business insurance

[Lewis-Hayward]

I am setting up a business for online advertising events. The events will not be held by me. all information, events and risks are held by the organisers.

I will be working from home for the start. Do i need any insurance if i have nothing in the shape of assets or public interface?

 

[Scalloway]

Advertising agency insurance (a random pick from google)

http://www.simplybusiness.co.uk/insurance/advertising/

 

[ava30]

Depends on the contract. If by your work (or lack of work) the customer can suffer heavy losses. It is worth to insure.

 

[Gecko001]

The only legal requirement is employer's insurance. I assume that you have no employees, so that will not affect you.

Deciding on other insurance is a pure business decision. If there are risks that you can identify where something unexpected could happen and as a consequence you had a bill that you could not pay, then insurance might be appropriate. If you had funds to cover it then paying insurance might not be a wise business decision as the premiums might work out more expensive in the long-term.