If your business has any employees you are required to hold an employer’s liability insurance policy by law. Employer’s liability insurance covers the legal costs and the cost of compensation if you are held liable for an injury or illness to an employee as a result of the work they undertake for your business. The minimum requirement is a £5 million limit of indemnity however most insurers offer £10 million as standard. The law also requires you to make your employer’s liability insurance certificate visible at your place of work. An employer’s liability insurance certificate will always be provided by insurers when you take out an insurance policy. In certain circumstances, some business do not require employer’s liability insurance. See whether Employer Liability exclusions apply to your business.
Very few insurance brokers understand the industry as well as we do. For over a decade we have specialised in insuring and advising finance, technology and media companies about their risk. As specialists, we understand the risks of consultants and businesses, and what you need to support and protect your business. Working closely with insurers, and insuring all businesses types from self-employed to high-value FTSE companies and Family Offices, we offer insurance packages with comprehensive protection not available anywhere else.