Employers’ Liability Insurance
Employers' liability cover protects against the cost of compensation claims from employees for illness or injury that happened as a result of their work for an employer.
It’s a legal requirement for businesses with employees and each day without cover can result in fines of up to £2,500.
Examples of where this cover would prove invaluable include:
- An office worker is badly injured when they trip over a cable running across the floor
- A former employee is diagnosed with an illness related to asbestos exposure during their work
- A builder is electrocuted by a piece of faulty electrical equipment supplied by their employer
In each case, a compensation claim is brought against the employer or former employer. The court can order the employer to pay compensation for injury, costs and other damages, a figure that can include medical care and lost income.
Employers' liability insurance covers the compensation payment and legal costs, up to the limit of the policy.