Business Insurance - Why do we need it?

BUSINESS INSURANCE - Why do we need it?  

It's no secret, business insurance is often seen as incredibly uninteresting, associated with negative connotations of spending money, theft, property damage and accidents. However, it IS required by anyone who owns or runs a business with the exceptions of sole trader. It is also actually incredibly important to support good safe growth. A crucial foundation for any independent business that luckily (and hopefully!) you only need to think about once a year, at time of renewal.