The Benefits of Employers Liability Insurance

Employers’ liability insurance protects policyholders in the event that an employee sustains an illness or injury while performing their duties. There are both significant advantages for organisations that acquire this cover and severe consequences for those that do not.

Employers liability protects policyholders in the event that an employee sustains an illness or injury while performing their duties.

There are both significant advantages for organisations that acquire this cover and severe consequences for those that don't.

Specifically this type of policy provides the following benefits:

• Employee protection - An employers Liability policy provides peace of mind for both employers and workers that there will be recourse if something goes wrong
• Legal compliance - Organisations with more than one employee are required to have this type of insurance. Otherwise they may face a daily fine of £2500
• Financial Security - If held liable for harm befalling an employee this type of cover can protect an employer from potentially devastating financial ramifications.

For additional risk management guidance and insurance solutions contact us today .