If you have any employees then you are required by law to hold employers' liability insurance, you may hear this being called 'EL' insurance. Employers' liability insurance is usually bought in addition to public liability insurance, you can get a quote and get your policy in place immediately via our online system.
Employers Liability enables you to meet the cost of damages and legal fees for employees who are injured or fall ill at work through fault of the employer. The minimum requirement is usually £5 million for employers' liability insurance or you could face fines of up to £2,500 per day. Although not all business and organisations need to hold employers' liability insurance its always good practice to check and get the right insurance cover in place. You can check the legislation by clicking here.
The minimum limit of employers' liability insurance is £5 million, but most insurers offer coverage at £10 million as a standard limit. Professional Insurance Agents can offer bespoke insurance policies combining professional indemnity and public liability. If you would like to speak to a broker, please get in touch.