Small Van Insurance

Why pay big van prices if you have a small van?

Vans up to 2 tonnes (and in some cases up to 5 tonnes) can be treated as Light Commercial vehicles (LCVs).

If you use your van in connection with your business, then you need commercial van insurance.

As an employer you owe a duty of care to your employees. This is especially true, when they are driving your vans.

What would happen if there was an accident and you didn't have the right insurance in place?

How much would that cost?

Our experienced, qualified experts will make sure that you have the best policy tailored for your individual needs.

Special tools and materials cover available.

Consider additional options;

• Windscreen cover

• Motor legal expenses

• Breakdown cover

• New van replacement

• Trailer cover

• Spread the cost over instalments.

Protect your van, your employees and your business today.

Call us on 1890 666 666

or use the quote button. {KomentoDisable}

Business Extras.

This section is designed to bring useful services to you.

Check out the list.

If you would like to suggest a service, please contact us, we welcome ideas. .

Business Insurance

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Reduce the risks involved in running a business.

Help your business survive physical damage, lawsuits, or natural disasters.

With such a wide choice of commercial insurance available it can be difficult to be sure that you are getting the best commercial insurance for your needs.

That's where our qualified experts come in. We can help you select the options that you will need and advise on the particular products that are available for your line of work.

You can go to the start here for your business/company insurance and select the options which suit you.

For specific business type insurance you can go to the insurance by business type tab and select from the list.

If you can't find your business type, then contact us and we will prepare a customised quote for you.

Business insurance can be quite complicated, and that is why we recommend that you let our experts prepare a free customised quote for you.

That way you have peace of mind guaranteed. 

Helping your business.

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Business Insurance

Reduce the risks involved in running a business.

Help your business survive physical damage, lawsuits, or natural disasters.

With such a wide choice of commercial insurance available it can be difficult to be sure that you are getting the best commercial insurance for your needs.

That's where our qualified experts come in. We can help you select the options that you will need and advise on the particular products that are available for your line of work.

You can go to the start here for your business/company insurance and select the options which suit you.

For specific business type insurance you can go to the insurance by business type tab and select from the list.

If you can't find your business type, then contact us and we will prepare a customised quote for you.

Business insurance can be quite complicated, and that is why we recommend that you let our experts prepare a free customised quote for you.

That way you have peace of mind guaranteed.

Business Extras.

This section is designed to bring useful services to you.

Check out the list.

If you would like to suggest a service, please contact us, we welcome ideas. .

It is important to ensure that your Motor fleet insurance is protecting your assets and providing the best value insurance available in Ireland. Whether you are insuring for the first time or getting ready to renew, you should take the time to review your motor fleet insurance needs.

What is motor fleet insurance ?

The law states that any motor vehicle that is used in a public place, (road, car park etc.) must have proper insurance cover.

Motor fleet insurance applies to 5 or more vehicles. You must specify the vehicles, and they can be of any type.

How can motor fleet insurance make my office life easier ?

The renewal date is the same for all of the vehicles covered under the policy. We can arrange for monthly repayments, to spread the cost over the year. Reviewing all the policies at once is preferable to reviewing each policy at various times during the year.

You can include specialist equipment such as teleporters and forklifts.

Our qualified experts are available to help you choose the policy that suits you best.

What type of cover is available ?

The following is a selection of what insurance cover is available in Ireland:

• Comprehensive Fleet Insurance

• Third Party Fire and Theft Fleet Insurance

• Third Party Only Fleet Insurance

• Windscreen Insurance

• Breakdown Assistance Insurance

• Personal effects

• Theft of keys  

• Medical expenses  

• Fire Brigade Charges

• Legal Costs

What should I do next, to ensure that I get the best available motor fleet insurance in Ireland?

You can call us on 1890 666 666

or click on the quote button, complete the form, submit it to us and our qualified experts will help you get your best policy.    {KomentoDisable}

 A community centre has such a wide variety of uses and users, that it's insurance needs can be wide ranging. It is for this reason that you should examine all of the ways in which your community centre is being (and may be ) used.

Make a list of all the users and how they interact with the centre.

What type of visitors use your facility?

What is the potential for risk and accident?

How can you plan to minimise the risk and potential disruption?

For peace of mind, when you have carried out this exercise, talk to one of our qualified experts for some free advice on what to do next, and to double check that you haven't missed something.

The community centre is at the heart of the community. You can help minimise the risk and save money. Contact us today. Just click on the call me back button' fill in the call details and we will contact you.

Or use the quote button. {KomentoDisable}

Remember at mypremium.ie we are here to help you get your best policy. 

Don't gamble with the future of your business.

Protect the income of your business.

What would happen if your business had to move premises as a result of flooding?

How would you pay for the cost of moving?

Who would pay for the loss of income?

If the damage was large enough and the move took a long time it could seriously damage the future prospects of the viability of your business.

Why take the risk. Take out business income protection insurance.{KomentoDisable}

Use the quote button above.

Van Insurance

Driving a van in the Ireland without insurance is illegal – and leaves

you  financially liable for any damage caused to people and property. Choosing the  right insurance will protect you financially should you cause damage to people or property.

Irish Providers will distinguish between  private, business and sole trader van use. You will need to declare your  intended usage as one of these types, and abide by it – otherwise your insurance  may be invalidated and make driving your van illegal.

Across each of these categories there are different  bands of cover, namely 3rd Party, 3rd Party Fire and Theft, and Comprehensive.  You will need to review each band of cover and decide on one that suits you.

• Private van insurance will only cover you for personal use of your van. This  may come cheaper where providers assume you will have a lower yearly mileage.  It is very important to ensure that your estimated yearly mileage is correct.
• For business users, the commercial van insurance policies available tend to  insure the van rather than any specific person. This allows any number of  authorised drivers to use the vehicle, although having an open policy will  likely raise premiums significantly.
• Another option is to name employees that might use the van on the policy, and  doing so often attracts a discount.
• If your usage is classified as sole trader, this assumes you intend to use  the van both privately and commercially. While you can expect to pay higher  premiums than for private use remember that the business-specific add-ons will  protect not only your transportation but also your livelihood.
• Whether private, business or sole trader – if you have more than one van,  talk to us about multi-vehicle discounts. {KomentoDisable}

Commercial vehicle insurance is mandatory

for small and large businesses alike

Some points to consider:

• Luckily, commercial vehicle insurance is often sold at a bulk discount for business operators who own at least several similar vehicles. Trucking firms for example, typically do not insure individual vehicles, but rather purchase a package called fleet insurance that provides coverage for all the vehicles run by the business. The calculations that go into determining how much commercial car insurance should actually cost are complex and differ from one Provider to another.
• You could save a lot by talking to one of our qualified experts who will help put together a package best designed to give you the best value insurance for the best premium.{KomentoDisable}

What is Professional Indemnity Insurance?

If you are in business in Ireland and provide a professional service to a client, then you should consider protecting against the risk of making a mistake.

It doesn't matter whether your business is a SME or a medium to large enterprise in Ireland. Mistakes happen, but they needn't cost you your business.

Professional Indemnity Insurance is designed to cover you in the event of you ( or one of your employees) making a mistake which causes your client to sue you.

It provides for the legal costs and expenses involved in defending the claim.

It also covers the cost of compensating the client for the financial loss incurred as a result of negligence.

This can amount to a very substantial sum, depending on the nature of the negligence and the financial impact which it has on the client.

Even where you are found to be not guilty of negligence, the cost of successfully defending a claim can be very expensive.

Knowing that there is a suitable Professional Indemnity Insurance policy in place, which gives proper protection, will certainly help you to sleep a lot easier at night.

What type of risk does professional indemnity cover?

We all work to avoid mistakes, but no one is perfect, and they can happen.

The following is a short list of typical areas where professional indemnity insurance has come to the rescue.

• Professional negligence, where you get it wrong and if there was not insurance in place, you would have to pay from your own resources.

• Defamation. This is not as obvious. Many people overlook this. The laws of defamation are quite strict in Ireland. This is a good thing if your reputation is being defamed. Defamation can often occur in an unintentional way. You may refer to a company or individual in a manner which may be interpreted by the courts as constituting defamation.

• Breach of confidentiality. With so much information being stored and accessed, even with a strong procedure in place, this can occur. When it does, it's good to know that you are covered.

• Breach of copyright. This can be very expensive to defend. Companies can be very agressive in protecting their copyright. You need to know that you are indemnified if a breach occurs.

• Loss of data. This can be in digital or written format. Perhaps a computer becomes damaged and data is lost, with no back up. The only copy of a valuable report gets destroyed while in your care. This also applies to loss of goods or money in your control.

Should I get Professional Indemnity Insurance if it is not mandatory ?

PI (Professional Indemnity Insurance) is mandatory for many professions in Ireland, including, Solicitors, accountants,financial advisors, architects.

Other professions may need to have it in place in order to secure, or tender for contracts. These include, IT consultants, business and management consultants, researchers, economists.

You should have insurance in place to protect you against the risk of being sued. Even if you can afford to pay the compensation, and the legal costs and expenses and the loss of time, it makes economic sense to spread the risk to an insurance provider.

For a relatively small outlay, you can get cover amounting to millions of euro.

What is the value of comparing the market for professional indemnity insurance in Ireland?

You need to know that you are getting value for money. We deal with a wide range of insurance providers and our qualified advisors will search the market for your best policy.

Request a quote today and one of our experts will contact you to discuss your individual needs and circumstances. Armed with that information they will then use their skills and experience to obtain great value quotes. We will then contact you to explain the value of the quote and you choose the one which suits you best, with our help.

What should I do next?

Click on the quote button and one of our experts will contact you to start finding your best policy.

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What happens if an accident in my premises causes my business to

shut down while repairs are being carried out?

When property is destroyed or damaged by fire, the owner, if he or she is adequately insured, is indemnified by the payment of a sum of money which will enable him or her restore the buildings and their contents to their pre-fire condition. He or she has lost something tangible, the monetary value of which is known or can be assessed. If, however, the property was used by him or her for business purposes, he or she has also lost his or her productive capacity or future earning power which, though tangible, is of paramount importance to him or her.

For both manufacturers and traders, their normal business activities may cease or be curtailed to a degree dependent upon the extent and form of the damage. They will have suffered a loss as a consequence of the fire which cannot be assessed or quantified until some uncertain future date when they regain their earning power as a result of the reinstatement of their property or by some other means.

The following factors are considered in assessing Business Interruption Risk:

• The degree of hazard
• The exposure of the business to interruption or interference by (a) the spread of the premises (there may be two or more separate buildings but they may operate independently of each other).  The dependence of the business on a particular part of the premises e.g. a power house may be indispensable for the working of a factory
• Whether the business is a seasonal one
• The length of the indemnity period
• Specialised manufacture (difficulty in replacing specific machinery)
• Aspects of competition and the ability of the business to recover lost customers after damage to its premises{KomentoDisable}

Not all products are as obviously dangerous as poison.

Have you taken the necessary precautions in the event of your product causing injury?

The liability on manufacturers, retailers or repairers could be quite substantial.

It is imposed by the Liability for Defective Products Act 1991 and gives an injured party the right to bring an action for compensation, without having to prove fault, against any person involved in the production and distribution of the product.

What is Public Liability Insurance ?

Public liability insurance in Ireland is designed to protect you against your legal liability to others that arises in the course of your business.

As you carry on your business in Ireland, circumstances may arise which could cause injury or loss to a third party. Public liability insurance will cover you for claims arising from such circumstances, for which you may be held liable.

Someone may slip on your premises and sue you.

Even if you win, the person who sued may not have any assets and you may fail to recover your costs from him/her.

You end up having to pay your own legal costs, which can be substantial.

How much liability cover should I take out?

That depends on the type of business you have and the risk factors attaching to it.

You should talk to one of our experts.

The consultation is free and you will have the peace of mind that comes from knowing that you are fully covered, that you haven't missed something.

Cover usually starts from €1.300,000 and goes up in accordance with your individual requirements.

Can I get short period cover?

Yes. This covers once off events, such as a St Patrick's Day parade, Christmas Lights, Summer camp etc.

This cover is subject to terms and conditions and we strongly advise you to get the assistance of one of our qualified experts before taking out a policy.

What choices do I have?

You can decide to do nothing and run the risk of being put out of business by a claim or you can pay a tax deductible premium, spread the risk and concentrate on your business in the comforting knowledge that you have the best policy.

What should I do next?

You can telephone us on 1890 666 666

or click on the call me button and we will contact you at a time which suits

Or use the quote button .

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 Liability Insurance

If you are in business then you are liable if you cause injury to others.

That is a simple definition. There are numerous examples where that definition has been broadened.

That is why you cannot afford to be without liability insurance in Ireland.

We have broken liability insurance down into five categories as follows:

 Employer's Liability Insurance

As an employer you are responsible for the welfare of your employees. You have a duty of care towards them. If you are held to have breached that duty, you will have to pay compensation.

Can you afford to ? What impact would this have on your business? Even if you can afford to, pay compensation, is this a good use of resources. Remember, an insurance premium paid on behalf of your business for employer's liability insurance in Ireland is tax deductible.

Various factors can influence the premium you pay, such as number of employees, type of business, risk factors, history of claims.

Public Liability Insurance

If you cause injury to another, then you are liable to pay compensation.

If you invite members of the public onto your premises, and the condition of your property causes them to receive an injury then you could be facing a large claim for compensation and legal costs.

Talk to one of our qualified experts today for tips on how to reduce your public liability insurance costs.

Product Liability Insurance

If you manufacture a product which is faulty in any way and which causes injury to the user, then you could be facing a large number of claims.

It is a worry that all producers face. That is why product liability insurance was developed.

As the production process and the risk factors vary so much between individual companies you should talk to one of our qualified experts to ensure that you have covered everything at the best value premium. The consultation is free. It will give you peace of mind and leave you free to concentrate on developing your product.

Directors and Officers Liability Insurance

Directors and Officers owe a duty to the company. If they are negligent in their capacity as directors or officers they can be sued. If their actions cause loss to the company, there is little comfort to be gained in suing them if they have little or no assets. That is where directors and officers liability insurance comes to the rescue. It will cover the losses,costs and expenses incurred as a result of their negligence as stated in the policy document. No company should be without it.

Combined Liability Insurance.

Combined liability insurance takes the best of the previous policies and packages them to suit the individual business.

It is important to quantify your needs and ensure that the policy covers them adequately.

You don't want to under insure or over insure.

You should talk to one of our qualified experts today.

Contact us by telephone on 1890 666 666 or click on the call me back buttton above

or click on the quote button (above) to start the comparison process today.{KomentoDisable}

  Start here for your business/company insurance.

Running a business is challenging. It can be difficult to find out what products are available for business insurance and how much do I need.

That is why we have put together these short snippets of information on the various types of business insurance products, that can help protect your business and bring you peace of mind.

Payment of the premium by installments can be arranged.

  Liability Insurance.

Dealing with others brings its own risk.

No matter how remote and small your business may be, you still have a customer and therefore there is liability.

Different specialist insurance products have evolved to meet the varying circumstances of risks in the business world.

There are five liability insurance policies that you should consider.

Employers liability, Public Liability, Product Liability, Directors and Officers Liability,

Combined Liability(This combines the best bits)

Business Interruption

This cover is essential. This covers your earning power, to the extent by which it is affected as a result of an event which is covered by the policy, such as fire or flooding. The bills still have to be paid and your loss of income could have a disastrous effect on your financial future. Don't risk it. Get it insured today. You need to examine your average income and potential income for the period of loss. If in doubt,talk to one of our qualified experts  about business interruption insurance.

Professional Indemnity

 Mistakes happen. Professional indemnity insurance protects you when you make a mistake in your work.

Claims happen. If a client suffers financial loss as a result of your mistake, or that of one of your employees or agents, then you could be facing a large claim for compensation and legal costs.

Don't suffer sleepless nights worrying about the consequences. Take action now to protect against them. Take out professional indemnity insurance. This can be a complex process and therefore we recommend that you talk to one of our qualified experts who will guide you through the process.

Commercial Vehicle

It is a legal requirement and you should let us compare the market for you. There are various packages available for businesses with varying numbers of commercial vehicles to insure in Ireland.

Contact us today and we will get to work for you, saving you time and money on your commercial vehicle insurance.

Commercial Property

 If you are leasing the property, you still need contents cover. You should make a list of all the equipment, furniture, etc. that you have in your business. Then calculate the cost of replacing them.

If you own the property, then you should review before you renew.

Don't undervalue or overvalue. If you under insure you will not get the proper compensation, in the event of a claim. If you over insure, you are just wasting your money.

We can help you to compare the market for commercial property insurance
 

Corporate and Business Travel

If you need to travel in the course of your business, check out our travel insurance quotes.

You can save a lot when compared to just taking what is on offer through the travel company. Consider multi trip insurance.

When things start to go wrong on an important business trip, that's when you appreciate travel insurance.

Commercial Legal Protection

Legal costs can be expensive. Whether you are pursuing a case or defending one. Legal costs insurance can help you get legal advice early, and perhaps avoid the pitfalls.

This is a summary of what's on offer in the insurance market in Ireland.

You can contact us for free advice on insurance and how to make sure that you are adequately covered.

Telephone 1890 666 666

 Or Click on the call me back button and start your business insurance enquiry today

or use the quotation button below.{KomentoDisable}

Protecting the business with co-director insurance.

 Co-Director Insurance

 Co-Director Insurance is an alternative way of arranging Partnership Insurance for shareholders of a company where to the company carries the burden of the premium payments, rather than the shareholders personally.

A key aspect of the arrangement is that on the death of a shareholder, it is the company which buys back the shares of a deceased shareholder, not the surviving shareholders.

An outline of the arrangement is:

• The company enters a Contingent Purchase Contract with each shareholding, so that in the event of their death, the company would have the option which it can exercise within a limited period of death, to compel the deceased’s next of kin to sell their shares back to the company at a fair open market value. Likewise the deceased’s next of kin would also have an option to compel the company to purchase the shares from them. In this way the purchase/sale of the deceased’s shares can be triggered by either the company or the deceased’s next of kin after death.

• The company effects a life assurance policy on the life of each shareholder covered by such an agreement, to provide funds on death to enable the company to complete the buy back of shares. The premiums are paid by the company. As the policy is owned by the company, the payment of the premiums is not a BIK for Income Tax purposed for the shareholder covered by such a policy.

• In the event of death of a shareholder covered by such a Contingent Purchase Contract, the company would use the proceeds of the policy on his life to buy back his shares on death and cancel them. The surviving shareholders would therefore retain full ownership of the company as the deceased’s shareholding would then be cancelled.

It should be noted that this is a complex arrangement.

For independent advice and help contact one of our qualified experts today.

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Key Person Insurance

 A company has a separate legal entity from its shareholders and employees. Therefore the death of a shareholder or employee does not directly cause the ‘’death’’ of the company. However, the death of a ‘’key’’ shareholder/employee could, in certain circumstances, lead to a financial loss to the company, due to the loss of the particular expertise, reputation, experience and contacts the individual had.

Keyperson Insurance seeks to financially protect the shareholders of the company against this potential loss.

Keyperson Insurance is therefore a term used to describe life assurance effected by a company on the life of one of its key employees or directors with a view to compensating the company for an anticipated financial loss of profits following the death of that individual.

Quantifying the Loss

The death of a key employee or director could cause a financial loss to the company in two different ways:

• Loans to the company could become repayable, particularly any loans from banks or any other institutions for which the individual had given a personal guarantee.

• Loss of profits caused by the loss of the individual’s expertise, experience, contacts and knowledge of business.

It is very difficult to quantify the loss of profits. One measure used is to take a multiple of the individual’s remuneration, say between 5 and 10 * remuneration. Keyperson Insurance is not meant to generate a windfall profit for the company rather to replace the anticipated loss of profits on the death of the individual.

A Keyperson Insurance policy is a life of another policy, with the company as the proposer and policyholder, and the key employee as the life assured. {KomentoDisable}