When it comes to safeguarding your business and its people, Employers Liability Insurance can be a critical component of comprehensive business insurance. This policy can provide vital coverage for legal expenses and compensation if an employee suffers an injury or falls ill due to work-related circumstances.
When it comes to safeguarding your business and its people, Employers Liability Insurance can be a critical component of comprehensive business insurance. This policy can provide vital coverage for legal expenses and compensation if an employee suffers an injury or falls ill due to work-related circumstances. Incidents can range from accidents, such as slips on a wet floor, to health issues arising from prolonged desk work, including back strain and eye fatigue. As a responsible employer, prioritising employee well-being is crucial, and Employers' Liability Insurance helps you uphold this commitment.
If your business employs anyone beyond your immediate family—whether they are full-time, part-time, or temporary staff, or if you operate as a limited company—the answer is simple: yes, Employers' Liability Insurance is legally required.
In the UK, the law mandates that employers carry a minimum of £5 million in coverage for employee injury or illness claims. However, the standard level of Employers' Liability coverage is £10 million. Without this insurance, businesses with even one employee can face fines of up to £2,500 daily. You can read more about the legal requirements for Employers' Liability Insurance on the official government website.
Employers' Liability Insurance doesn’t only provide financial protection but also fosters a safer, more secure working environment. This can improve employee satisfaction, productivity, and peace of mind, knowing they are protected at work.
Employers Liability Insurance is often a legal requirement for businesses employing part-time, temporary, or seasonal workers. This coverage ensures that all staff members work in a safe and secure environment.
The only exemptions from this requirement are if you are a sole trader with no employees or if you fall under specific exemption criteria. However, if you do need Employers Liability Insurance, there’s no need to worry. At Clear Business, arranging coverage is simple through our partnership with Simply Business.
Clear Business gives you the ability to tailor business insurance solutions to suit your unique needs, covering your business in critical areas. You can get a quote through our partnership with Simply Business. Explore options and get a quote online to find insurance packages suitable for a wide range of industries.
As a business owner, you can understand the importance of having the right insurance package to mitigate risks. We can help you get the cover you want with less hassle.
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Prices from £4.74 a month*
In partnership with Simply Business
*The price is for up to £2 million of public liability insurance – 10% of customers paid £4.74 or less annually between 1st Jan - 31st May 2024. Equivalent to £56.82 a year (and excludes the extra costs for paying monthly). If you complete a quote, more types of cover will be available and these all have additional costs.
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