In the Compensation Culture which unfortunately exists nowadays, Liability Insurance is a necessity to anybody who owns/runs a business, organises an event or owns a piece of land.
Public Liability Insurance
Public Liability Insurance covers any awards of damages given to a member of the public because of an injury or damage to their property caused by you or your business. It also covers any related legal fees, costs and expenses as well as costs of hospital treatment (including ambulance costs) that the NHS may claim from you.
Employers' Liability Insurance
Employers' Liability Insurance enables businesses to meet the costs of damages and legal fees for employees who are injured or made ill at work through the fault of the employer. Employees injured due to an employer's negligence can seek compensation even if the business goes into liquidation or receivership. The NHS can also claim the costs of hospital treatment (including ambulance costs) when personal injury compensation is paid.
Generally, someone is defined as your employee if:
- They are under a contract of service
- You deduct National Insurance contributions and income tax from the salary you pay them
- You control when, where and how they work
- They cannot employ a substitute when they are unable to work
Many Employers Liability policies available will contain a wide definition of employee that will cover most circumstances.
If your business is not a limited company, and you are the only employee or you only employ close family members, you do not need compulsory Employers Liability Insurance. Limited companies with only one employee, where that employee also owns 50 per cent or more of the issued share capital in the company, are also exempt from compulsory Employers Liability Insurance. However, there is nothing to prevent an exempt employer from choosing to buy Employers Liability insurance, and many do, in view of the financial security it can provide.
How do I get a quote?
You can call on of our experienced advisors on 0800 298 0169 or use the quotation request forms below.
If you run your own business and need liability cover for your trade, please use our Tradesman's Liability Insurance Quotation form. If you need liability insurance for a club, group or event, please use our General Liability Insurance Quotation button below.
