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Business insurance in Trinidad and Tobago
You built it from a stall, a van, or a spare room. One fire, one flood, one liability claim shouldn't be able to take it back.
From a one-van operation to a full compound
Small businesses in T&T are chronically under-insured, usually because nobody ever sat down and asked the right questions. Here's the full list.
Property & contents
The premises, fixtures, stock, machinery, tools and equipment. Fire, flood, storm, earthquake and burglary — the same named perils as a home policy, sized for a business.
Public liability
A customer slips on your wet floor. A delivery damages a neighbouring property. Liability claims are the ones that arrive out of nowhere and don't care how small you are.
Commercial motor & fleet
Vans, trucks, company cars, maxis. Commercial use must be declared — a vehicle insured for private use and used for business can have a claim refused outright.
Marine cargo
If you import, your goods are exposed from the supplier's door to yours. Marine cargo cover protects the shipment in transit — essential in an import economy.
Bonding & crime
Performance and contract bonds if you tender for work, and fidelity cover against employee dishonesty. Frequently a contractual requirement on government and large private contracts.
Group life & health for staff
The benefit that keeps good people. Group cover is cheaper per head than individual policies and is often what decides whether a strong candidate accepts your offer over a bigger firm's.
Business interruption is the cover that saves the business
Property insurance rebuilds the shop. Business interruption is what keeps you solvent during the four months it takes.
Think about what actually happens after a fire. The building is being repaired — that's covered. But your income has stopped. Rent still falls due. Staff need paying or they find other work and don't come back. Your regular customers go somewhere else and establish a new habit.
Business interruption cover replaces lost gross profit and covers continuing expenses for an agreed indemnity period. It's the difference between reopening and never reopening, and it is the single most under-purchased commercial cover in this country.
Choose the indemnity period honestly. Ask yourself how long it would realistically take to rebuild, restock, re-hire and get trade back to where it was. In T&T, allowing for permits and imported materials, twelve months is usually the floor — not six.
What businesses like yours usually need
Shop, salon, bar or restaurant
- Contents, stock and equipment
- Public liability — you have customers on the premises
- Business interruption
- Money cover if you hold cash on site
- Building cover if you own rather than rent
Contractor, trades or delivery
- Commercial motor on every vehicle
- Public liability — often required before you're allowed on site
- Tools and equipment, including away from premises
- Contract and performance bonds for tenders
- Goods in transit
Office or professional practice
- Office contents and IT equipment
- Public liability
- Group health and life to attract and hold staff
- Fidelity cover where staff handle client funds
Importer or distributor
- Marine cargo on every shipment
- Warehouse contents and stock
- Business interruption tied to stock loss
- Fleet cover for the delivery vehicles
One review, one schedule, one renewal date
We walk the operation
In person where it makes sense. What you own, what you owe, who comes on site, what stops if the doors close. Half an hour, and it's the half hour that finds the gaps.
You get one consolidated proposal
Every exposure priced in one place, with anything we think you can safely skip flagged as such. No bundling for the sake of it.
We review it yearly, properly
Businesses change faster than policies. New vehicle, bigger stock, extra staff, a second location — each one needs the schedule updated before, not after.
Let's find out what you're missing.
Send us your current schedules. We'll come back with the gaps, the overlaps, and one consolidated number.