Insurance to cover health and safety risks
This section will help you to understand, and take out, various types of business insurance. Compulsory business insurances usually include A people or businesses hiring one or more staff members.’ liability insurance (if you have Individuals hired personally to work under contracts of employment, usually in exchange for payment. Employees are normally fully integrated into the business and the employer exercises a large degree of control over their work. or apprentices) and motor insurance (if your business owns vehicles). You can face severe penalties, including criminal convictions, if you are not properly insured. Optional insurances include Insurance which covers claims from the general public for injuries or property damage caused by a business or its staff. and A form of insurance which covers the cost of compensation for injuries or other damage caused by a faulty product.. This section explains when you might need them too.
Employers' liability insurance
- 1.What is employers' liability insurance?
- 2.Must I have employers' liability insurance?
- 3.How much employers' liability cover do I need?
- 4.Do I have to display my employers' liability insurance certificate?
- 5.What are the penalties for not taking out proper employers' liability insurance?
- 6.If I fail to get employers' liability insurance, can I be required to pay any claims personally?
Public liability insurance
Product liability insurance
Motor insurance
Business interruption insurance
Insurance during business closure
- 16.What should I do if I am struggling to pay my business's insurance premiums?
- 17.Should I cancel my insurance policies if my business has closed or suspended trading for a time?
- 18.Should my insurance be cheaper if I do not need it during a lockdown or I have suspended trading due to a pandemic (such as coronavirus)?