If your business employs anyone – even just one person – by law you must have Employers Liability insurance. You also need to prove it, by displaying a current certificate of Employers Liability on your premises.
Paying compensation on your behalf
Employers Liability Insurance pays compensation if any of your employees are killed, injured or become ill as a direct result of their work. As you can imagine, the claims (plus legal costs) could be much higher than your business could afford – hence the need for insurance.
It must be a combined Public and Employer's Liability policy
Every UK Employers Liability policy provides at least the legal minimum £10million cover, and sometimes more. Employers Liability insurance policies can’t be bought on their own. Instead, they’re combined with a Public Liability Insurance policy.
Don’t forget Company Directors
It’s worth noting that directors of Limited Companies are classed as employees, and need to be covered by a valid Employers Liability Insurance policy. This also applies to Limited Liability Partnerships and Limited Companies – even if they only have one director who has changed his business from a sole trader to a Limited Company.
The law relating to Employers Liability Insurance can seem complicated, so if you’re in any doubt don’t hesitate to get professional advice.
Great value Public and Employer's Liability cover from Gladiator
Gladiator can give you a quote for Employers Liability Insurance, and get you covered straight away. Phone our UK call centre on 0844 848 4304 or simply click here to get an Employer's Liability quote.
You can check the small print by looking at the Employer's Liability Policy wording. |
