Risk assessments are important as they can help to avoid accidents and reduce the chance of a liability insurance claim. Accidents can cost businesses a significant amount of money through damages claimed and it’s not all about costs. People are at stake when it comes to health and safety and businesses have a duty of
Rental property can provide a good income but there are costs involved as well. Letting agents The basic service offered is to find you a tenant, including advertising, interviews and credit checks. Agents will also offer a full management service which includes finding a tenant plus managing the property and tenants for you, collecting rent
Liability insurance is easy to buy but you need to make sure that the cover is appropriate for the legal and moral risks faced by your business. In the simplest sense it refers to something that causes a problem or hindrance. An example is, if your health and safety standards slip this could result in
Once someone has died the validity of their will have to be officially proved – this is called probate. Once probate is granted the process of administering the estate including money, possessions and property can go ahead. Time limit for applying for probate The probate application has no time limit but other elements of the
Imagine this: after years of research and saving you decide to start your own business. Things are a little slow to begin with, but after a few months, it starts to take off. A couple of years later your business is incredibly successful, backed by a team of dedicated, hardworking employees. And then, someone makes
As the humanitarian crisis in Ukraine unfolds, we know that many people are looking to help in any way they can. We’re here to support you by offering guidance on how plans to assist Ukrainian refugees might affect existing insurance covers. Homeowners Homeowners across the UK are offering their homes to Ukrainian refugees. In these
Is your commercial property underinsured? Lockyers are working in partnership with Rebuild Cost Assessment Ltd (RCAL) who are the market leaders in the provision of high quality rebuild cost assessments of both residential and commercial buildings in the UK. According to RCAL more than 9 out of 10 UK buildings are insured for the wrong amount
WHAT DO SMALL BUSINESSES NEED TO KNOW ABOUT THE SPRING STATEMENT THAT RISHI SUNAK, THE CHANCELLOR OF THE EXCHEQUER, DELIVERED ON 23 MARCH 2022? In the March 2022 UK budget, Chancellor Rishi Sunak announced a number of support measures to help keep businesses in business. Small and medium-sized enterprises (SMEs) include changes to national insurance
Fire hazards are an ever present concern. If, in the devastating event that your premises is caught up in a fire, you will need to ensure your policy fully covers you for the rebuild cost. Only 1 in 10 properties at this time, both residential and commercial, are correctly covered for the rebuild cost of
From the 25th March, handling mobile devices including a phone or any other interactive device whilst driving, such as external or in-built satnavs, will be illegal. The rules also apply when stopped at traffic lights, queuing in traffic, supervising a learner driver, driving a car that turns off the engine when you stop moving and
