Why choose The Thaiger?
We understand the everyday risks that small and medium-sized business faces, from reviewing losses, assessing your liability exposures, to calculating your business current value. The Thaiger is here to ensure that you get the right SME Insurance for your business.
What is SME Business Insurance?
SME Business Insurance is a type of insurance designed specifically for small and medium-sized enterprises (SMEs). It protects your company’s assets, properties, employees, and profits. It helps protect your business from things like financial losses as well.
This insurance allows you to run your company without having to worry about unwanted situations that can halt your business or slow it down. Whether you lose your money in transit theft or your property is damaged from leaking pipes, SME business insurance provides you with peace of mind since you know that your assets are covered from loss and even legal liabilities.
What Are the Benefits of SME Business Insurance?
There are many advantages of SME Business Insurance. We have listed some of the benefits below.
Liability
With SME business insurance, you don’t have to worry about paying out of pocket as the insurance will cover you for anyone who gets injured in the office.
Medical Expenses
All medical expenses will be covered if someone is injured at work or if there are any accidents on the worksite.
Theft
If supplies are stolen from a warehouse, the insurance policy will bear the cost of the stolen items.
Sustainability
Most small businesses cannot afford large losses due to business closure or interruption. Therefore, having SME business insurance is important to sustain your business.
Protecting your Assets
You will protect your assets and inventory by having SME business insurance in the event of a natural disaster, such as a flood or an earthquake.
How Can SME Business Insurance Help Your Business?
Running a business involves unavoidable risks, so it’s necessary to have SME business insurance to secure it. SME business insurance can even help you expand your business. Below are some ways SME business insurance can help you.
Customer Ratings
4.6/5
11 reviews
Customer Reviews
16/12/2020
Excellent, expert service. I was given to Khun Alex who was a specialist broker. He quickly sorted out all the documents I needed and told me exactly what I needed to do for the next step, the entire process was perfect and very efficiently.
Tanya
14/2/2021
The staff went above and beyond for me, and it was a pleasure to work with them.
Kim Sung
29/12/2020
The service was extremely professional and effective. When it comes to insuring a company, it takes some time to go over all of the specifics, but everything was explained thoroughly and rapidly.
Mike Donna
21/2/2021
Good article, Getting insurance for my businesses will for sure make me feel more secure. I have already placed my enjuiry, still waiting on a call back.
D. Sommer
18/1/2021
As an SME owner in Thailand, I would recommend anyone without business insurance to get covered as soon as possible. The benefits will one day come to good use, especially in Thailand where nothing is certain and anything can happen.
Zhang Su
25/1/2021
Simple communication with the company over the phone with affordable prices. 100% recommend.
Hank W.
Types of SME Business Insurance
There are several types of SME Business Insurance we offer. Each offers different coverage and premiums. You can choose to buy only one or combine them.
A type of SME Business Insurance that any company should have is General Liability Insurance. General Liability Insurance protects your business if a third party, such as a client, vendor, or customers, gets injured in your business’s property or from your products or services.
Key Points:
- Cover clients’ or customers’ medical expenses if they got injured in your business.
- Cover legal costs to defend your business in case of a lawsuit.
- Cover repair costs to fix customers’ or clients’ properties if your business accidentally caused damage.
- Cover judgments and settlements from a lawsuit.
- Cover for advertising injuries, such as copyright infringement from your business’ ads.
Theft, fires and any weather-related damage that occur in your business property are all included by this type of SME business insurance. Commercial property insurance covers your company’s inventory, tools, equipment, machinery, office space, and other properties from injury or loss.
Key Points:
- Cover your property from damages.
- Cover your business from theft.
- Replace lost income if you can’t operate your business because of a covered loss.
If your business sells products, buying product liability insurance is important. One of the most compelling reasons to purchase product liability insurance is that it protects the whole lifecycle of your product. For example, whether your company produces a faulty product or your packager bundles a defective product, a buyer may also sue you because your brand is on the packaging. If you have product liability insurance it would be covered.
Key Points:
- Cover the full life cycle of your product.
- Protect from defectively manufacture products.
- Quite affordable.
The Thaiger’s Partners
SME insurance can give you peace of mind, allowing you to focus on your core business goals.
I never thought I needed SME business insurance since my business is still tiny with few employees. I’m glad I did purchase it, though. It gives me confidence that my business can continue to run even though things go wrong.
Top tip: Know what your business needs before you purchase your SME business insurance.
How Can the Thaiger Help You?
No one can predict the future, which is why you have to always be prepared for the unexpected. However, we understand how confusing and overwhelming it can get to choose the best insurance for your business. That’s why we’re here to assist you throughout the process. Starting a new business is never easy, and the financial pressure can be tremendous, so applying for Business Insurance with the Thaiger can help you mitigate the financial risk of running a business.
Join the many satisfied customers who’ve got their SME Business Insurance with The Thaiger
Other Related Products
Protect your life in Thailand with the following insurance.
Life Insurance
Life insurance pays a lump sum, known as a death benefit, to your beneficiaries following your death.
Health Insurance
Healthcare can be expensive, so let health insurance be your safety net. If you get sick or injured unexpectedly, health insurance can help cover all the costs that you may not be able to pay on your own.
Personal Accident Insurance
Accidents can and do happen, as much as we’d like to avoid them. Personal accident insurance can help you with the aftermath of an accident, especially those that cause serious harm to your life and finances.
Savings & Investment insurance
Saving and Investing is one of the easiest ways of optimizing your wealth to satisfy your families and your personal goals, get saving and investment insurance for your future.
What to Consider Before Purchasing SME Business Insurance
When starting a business, it is important that you consider all the things that could go wrong. Purchasing an SME insurance policy can be the best way for a new business to mitigate and manage some of the risks that can occur during day-to-day operations.
Know What Your Business Need
Every business has its own unique risks. Therefore, the insurance needs are different as well. What’s right for one company may not be right for another. Therefore, make sure to know what your business needs. This way, you can choose the coverage you need and avoid paying for things you don’t need.
Don’t Overlook Coverage Options
You might think getting one policy, such as a general liability policy, is enough for your business. However, remember that one policy may not cover everything you might experience. Coverage options, such as business interruption, may seem like a minor expense now. However, they will save you tons of money in the long run.
Look for Discount Opportunities
Every insurer is different. However, many offer lower prices if you combine policies. Therefore, make sure you look for discount opportunities. Our team can explain the different policy combinations and available deals.
Savings/Investment insurance
More savings equals more opportunities to meet your life goals. When it comes to financial planning, saving and investing are like two sides of the same coin, and both are extremely significant.
When it comes to achieving goals like buying a new home, saving for a child’s college education, and planning for retirement, saving is critical. Savings/investment insurance includes a variety of customizable features to meet the specific demands of each customer.
Savings can help you achieve long-term goals or can come in use during future emergencies while Investments are long-term commitments to assets and are made to preserve and maximize the value of savings in the long run.
Frequently Asked Questions About SME Business Insurance
Business insurance is required for all small businesses and it helps to offset the expenses of property loss and liability claims
Business insurance eliminates potential risks, and if you don’t have the money to pay that, it may place the company in risk
To help protect your business, you’ll need to get the right small business liability insurance, Commercial Property Insurance and Product Liability Insurance
The first danger to be mindful of when operating a business without cover is the possibility of breaching municipal laws
Whether or not you’re legally obliged to get business insurance is decided by the existence of your particular business but many companies are required by law to provide workers’ liability insurance
Property damage, reduced company profits and other insured damages will all be covered by business insurance. Businesses also purchase several coverages and merge them into one strategy to better protect against real threats
Inquire Now to Receive your SME Business Insurance Quotes