Does My Business Need Public Liability Insurance?

Public Liability Insurance

This might be necessary if members of the public, customers or clients come to your place of work, or if you go to theirs. Although it’s not usually a legal requirement this is an important insurance cover to consider, as it protects even just one claim against you.

What does it cover?

Public Liability Insurance covers you for the cost of a claim made by a member of the public that has suffered injury or property damage as a result of your business. 

This could mean anything from a client or member of the public slipping on a wet floor on your business premises, or tripping over your work equipment when you’re visiting them at their premises.

It also covers you for damage to property. For example, if a client was to claim you’d broken their laptop whilst visiting them on business, you’d be covered for the cost of compensation owed to them, up to the limit of your policy.

Do I need public liability insurance?

Choosing not to purchase public liability insurance is not a legal requirement. But, having the right insurance can make your business look more professional and offer you peace of mind. Accidents in the work place do happen, regardless of how competent you might be, so if your business premises are visited by clients, or if your employees regularly work off-site, it may be worth considering this type of cover. 

So, what is Employers Liability Insurance?

EMPLOYERS LIABILITY INSURANCE

As an employer, you are responsible for the Health and Safety of your staff, including part-time staff or anyone doing short-term work for you. Employer’s liability insurance can protect you and your business for any claims made by employees who have been injured at work, or experienced illness as a result of their work. 

This covers claims made against you as a result of the following:

• Employees injured whilst working for you.
• Former employees who believe they have become ill as a result of working for you.

Common claims can involve injuries as a result of health and safety faults, as well as illnesses that employees are diagnosed with, even years after working for you If an they feel like it was caused by working for you.

Does my business need employers liability?

If you employ someone, chances are you need employers’ liability.

You essentially have a responsibility from a health and safety point of view to everyone that is doing any work for you, whether they are full time, part-time, sub-contractors, work experience students, or volunteers.

To seek advice on Employers Liability for your Business feel free to contact us.