Employers' Liability Insurance: Who Qualifies and What You Get
Understand the insurance requirements for businesses with staff and how it covers employee health and safety claims.
Employers' Liability Insurance is a mandatory protection for businesses that employ staff. This insurance ensures that a company is covered if an employee makes a claim regarding an injury or illness caused by their work.
Who it's for
This is for any business that employs people. If you have staff members working for you, you qualify as an employer and must have this coverage in place.
What you get
This insurance helps you meet your legal requirements regarding employment. It provides coverage for claims brought by employees who suffer from an illness or an injury that happened because of their employment.
What it costs you
You will need to pay an annual premium to maintain this coverage. The specific amount you pay will depend on your specific insurance provider.
The catch to know
There is a specific requirement regarding how you manage your documentation. You must display your insurance certificate in a location where your employees are able to see it.
How to apply
- Contact an insurance provider to discuss coverage for your specific business and staff.
- Ensure the policy meets the necessary legal requirements for employers.
- Pay the required premium to activate your coverage.
- Display your insurance certificate in a visible area for your employees.