What is Employers' Liability Insurance?
We are a business insurance broker offering Employers’ Liability Insurance to business owners in all sectors. Find out what you'll be covered for when taking out an Employers’ Liability Insurance policy.
Employers’ Liability Insurance protects you from the cost of compensation claims that arise from illnesses and injuries that your employees may sustain as a result of working for you. This covers accidents in the workplace, but can extend to injuries such as RSI that could occur from not having the correct equipment in the workplace, such as chairs or computer keyboards.
Employers’ Liability Insurance is a legal requirement of a business that employs any number of people. You could be fined £2,500 a day for not having the correct level of cover. You may also be fined £1,000 if you do not display your Employers’ Liability certificate to inspectors when they ask.
According to the government, you need Employers’ Liability insurance as soon as you employ anyone. Your policy must come from an authorised insurer, but you may not need EL insurance if you only employ family members, or people based abroad.
How does it work?
Employers’ Liability Insurance provides long term financial security against unexpected claims, as well as peace of mind that you need whilst running a business.
Employers’ Liability policies can protect you against:
Injuries sustained at work
Illnesses caused by working environments
Why is it important?
The employees are the most important part of any organisation. Protecting them from potential risks in the workplace is essential practice, and it’s also important to protect your company from potential compensation claims.
Good safety practices are the first defence when it comes to claims that could be made against you by employees. This can reduce accidents and injuries, so knowing the necessary regulations for your industry is vital.
For more information on Employers' Liability Insurance, speak to our team today.
Asset Protection Insurance
An Asset Protection Insurance policy protects your business against the potential gap in cover between Professional Indemnity (PI) insurance and the total amount of a third party claim.
Revenue Protection Insurance
A Revenue Protection Insurance policy protects your business against any significant drop in income, generally as a result of the incapacity of a key person or building, regardless of whether you are a retailer, manufacturer or wholesaler. It can also offer protection to businesses offering specific professional services.
Protecting the people that work for you is absolutely vital in any form of business. Employee Protection insurances are designed to provide financial support to members of staff that suffer serious injury or illness, or a fatal accident.
- Top 100 UK independent broker* with Chartered Insurance Broker status
- Free no obligation review and quotation
- Talk to a dedicated insurance expert to guide you through the process
- Bespoke levels of cover tailored to your individual requirements
- Competitive premiums underwritten by the UK's leading insurers
- Dedicated in-house claims team who will deal with any claim on your behalf
- Payment of premium by monthly instalment available (subject to status)
- Free access to online risk management services
* Top 100 Independent Brokers 2013 published by Insurance Age in association with Cornell Consulting
Restaurant giant TRG have announced that Asian-style restaurant Wagamama is developing a “grab and go” concept, called Mamago, which will be released later this year.
Westminster City Council have allocated £150 million to renovating retail district Oxford Street. Design work will start in Spring, with physical work set to start in Autumn.