If you’re running a business which employs anyone apart from yourself – even if they’re unpaid – then you must take out this insurance. It’s the law. Find out all about employers’ liability insurance here.
If one of your warehouse employees were accidentally hurt by a forklift truck, then your business could be liable for a compensation claim. Or if a contractor were working for you at a lathe and trips over a cable, they could make a claim against you if the lathe has not been recently checked against health and safety regulations.
Insurers pay out an average of £7 million a day in liability claims of which £2.7 million is employers’ liability*.
*Source: Association of British Insurers
Whilst care has been taken in the production of this article and the information contained within it has been obtained from sources that Aon UK Limited believes to be reliable, Aon UK Limited does not warrant, represent or guarantee the accuracy, adequacy, completeness or fitness for any purpose of the article or any part of it and can accept no liability for any loss incurred in any way whatsoever by any person who may rely on it. In any case any recipient shall be entirely responsible for the use to which it puts this article.
This article has been compiled using information available to us up to 01.07.15.