Employers' Liability insurance
Employers' Liability insurance. Protection for you and your employees.
If your business employs people, you are legally required to have Employers' Liability insurance in place to cover any costs and legal expenses in case of any injuries caused as a result of working for you. Regardless of the type of business you run, legally you’ll need to ensure that the right cover is in place for your own protection and for the protection of your employees.
What is Employers' Liability insurance?
As you would expect, Employers' Liability insurance refers to your liability for your employees whilst they are working for you. The cover protects your business from any compensation claims following accidental bodily injury to any current or ex-employees.
What does Employers' Liability insurance cover?
If any of your employees fall ill or sustain an injury as a result of working for you, your Employers' Liability insurance covers you for the cost of any compensation claims that might be awarded to the ill or injured employee.
What is Employers' Liability insurance for?
If your business has any employees, Employers' Liability insurance is a legal requirement. As an employer, you are responsible for the health and safety of your employees and you can be fined if you are found not to have cover in place. The Employers’ Liability (Compulsory Insurance) Act 1969 protects employees against the risk of injury at work by ensuring that companies that employ people have the correct insurance.
How much Employers' Liability insurance do I need?
The minimum amount of cover you are legally required to take out is £5m, however we offer £10m as standard on all Employers' Liability policies.
Why Employers' Liability insurance is important
Lynn, hairdressing salon owner
Lynn has owned her hairdressing salon business for 5 years. Since starting out on her own, she has built her business up and now has 3 permanent employees – two full time hairdressers and one part time receptionist.
Why is Employers' Liability insurance important for Lynn?
Whilst Lynn takes care to train her employees and makes every effort to ensure that her salon is a safe place to work, she appreciates that accidents can happen and wants to protect her team members. She ensured that her Employers' Liability insurance was in place the moment her first team member was employed to provide cover for herself and the staff member, as well as as complying with Employers' Liability laws. Although Lynn has been fortunate enough not to have cause to claim on the policy to date, she has seen accidents such as slips, falls and burns occur in salons previously and is well aware of the need for the right insurance.
