6 Things you must know about Employers Liability


1.  What is Employers Liability?

It is an insurance policy which will meet the costs of damages and any legal fees should an employee be injured or become ill at work through the fault of the employer. For example if an employee has an accident and suffers an injury through the negligence of their employer, eg. faulty machinery or not providing safety equipment.

2.  Who needs Employers Liability?

Businesses with a large amount of capital, for example multi-million dollar businesses, can easily take on the cost of any claims that might arise against them. However, for small businesses, even one lawsuit could be disastrous for the company. That is why employers liability is so important for small business owners, particularly those whose employees are engaged in potentially dangerous work. For example, construction workers spring to mind. Anyone who employs workers would do well to have employers liability insurance.

3.  Why should you take out Employers Liability?

In today’s litigious age, a company without this insurance can be ruined by one legal claim against it.

4.  How much does Employers Liability cost?

We have a large book of clients with many different insurance companies, so we will be able to find the most beneficial policy with the cheapest premiums for your business.

5.  Typical claims incurred on Employers Liability policies

The most common and expensive claims are from employees being injured on the premises, using faulty machinery, falling off unstable scaffolding and so forth.

6.  What other insurance should be considered along with Employers Liability?

The best policies to look at are: Business Insurance, Public Liability, Products Liability, Personal Accident Insurance, Professional Indemnity Insurance,