If you employ anyone, even from home, employers’ liability insurance is usually a legal requirement. Other than that, there’s no legal requirement in the UK to have specific business insurance in place. However, most limited companies face a range of risks, from third party injuries to employee claims, so expert cover helps ensure you’re protected if a claim was made against you. Certain regulatory bodies and trade associations may also require you to have specific insurance – like professional indemnity cover – sorted out.