Public Liability Insurance
Public liability insurance protects you and your business against claims made by a third party. This can be anything from injury to a member of the public or damage caused to property by you or your employees in the process of carrying out your trade or business.
It is not a legal requirement to have public liability insurance, but it is best practice to have this cover if only to protect yourself in the event of a claim against you.
If you are carrying out work on in business premises, these businesses will generally demand that you have public liability insurance in place before they allow you to work on their premises. Local authorities will always insist that you have cover in place.
We can quote for over 100 trades on-line, if your trade involves work at Height, Heat or Depth, then please call us free on 0800 7313378 and one of our advisors will provide a bespoke quotation for you.
Employers Liability Insurance
If you have employees then you have a legal requirement to have Employers Liability insurance to cover your employees if they have an accident at work.
Employers Liability insurance should cover the cost of compensation and legal fees if the employer is held liable for the accident.
The minimum level of cover is £5 million, however Employers liability insurance is usually set as standard at £10 million.
There is no need to have Employers liability insurance if you have no employees or if your employees are your close family members.
Professional Indemnity Insurance
Professional indemnity insurance protects you if one of your clients makes a claim against you for faulty or incorrect advice that you or your employees have given and as a result your clients business is damaged financially.
Professional Indemnity Insurance can be purchased on its own or combined with Public and Employers Liability Insurance.