Mr John Rea
Public Liability Insurance
If you operate your work out of a third party facility or the customer’s own home, there can always be potential of a risk in the work you are doing. You could potentially cause accidental injury to the customer or damage to their property. Depending on the nature of the work you are carrying out.
In any one of these cases, public liability insurance may protect you with indemnity against such claims – usually up to a minimum of at least £1 million.
If you damage a third parties property while conducting your work, this can be quite costly to the customer/property owner/member of the public. If they choose to make a claim against you, Public Liability insurance has the ability to cover the costs of the claimant should it be needed.
Employers Liability insurance
If you employ anyone else in your business – even someone who is on work experience and not being paid – the law still requires that you have a policy of employers’ liability insurance of at least £5 million.
The aim of this law is to make sure that if you are held liable for any injury suffered by an employee, or any illness or other medical condition which might have been contracted as a result of their employment, you have the financial wherewithal to pay any compensation to which the individual may be entitled, keeping your business safe.
Although £5 million is the legal minimum, the employers’ liability insurance policies we can arrange for you here at constructaquote.com all come with up to £10 million of cover.