PUBLIC AND EMPLOYERS LIABILITY INSURANCE

Public Liability Insurance is designed to protect and cover businesses from the risk of claims made by a third party, such as member of the public or another business, for example if you damage a property while working. Holding valid Public Liability Insurance is often a requirement of working or subcontracting to another company. The limits are between £1 million and £5 million and the premiums are based on turnover and number of employees.

If your business employs any staff, including part-time staff, trainees or sub-contractors, you are required to have Employer's Liability Insurance by law, covering claims made against you by an employee. Employers Liability Insurance is usually set at £10 million as standard. This will cover you if one of your employees is injured at work, or they, or a former employee becomes ill as a result of their work while in your employment.