Employer Liability Insurance becomes a legal requirement if you own a business of any type and employ people.

To operate legally, you must obtain Employer Liability Insurance with a minimum coverage value of £5 million.

It is possible for you to be fined up to £2,500 for every day that passes without you, the employer, being insured for the minimum required amount. An additional, one-off fine of up to £1,000 can also be imposed if you fail to produce valid Employer Liability Insurance documentation in the event of an inspection.

Aside from being a legal requirement, the importance of obtaining Employer Liability Insurance is self-evident. Employer Liability Insurance will indemnify you against claims and legal action arising from any injury to employees in the line of duty.

In a culture of “no win, no fee”, third parties can impose lawsuits with more liberty without fear of personal loss. They may sue for incidents which may seem extremely minor from a neutral perspective, but can still irrevocably ruin a company – especially newer companies or SMEs.

Even volunteers and self-employed workers under your supervision are able to make claims against you if you are an employer.
Employer Liability Insurance also extends to employees who are made ill as a result of hazardous working conditions (such as asbestos) or acts of terrorism (such as biological or chemical attacks) suffered from while at work.

Additional coverage can be obtained which covers any compensation you need to pay a client, contractor or member of the public as a result of accidental injury or property damage.

OBTAIN EMPLOYER LIABILITY INSURANCE NOW, by calling us TODAY on 0800 567 7004 or send us a message and we will aim to respond within one working day.

Crown Cover is dedicated to finding the best quote for you and your business.