This week we’re wrapping up our run-through of the core business insurance covers – employers’ liability is the final policy we’re putting under the claims microscope.
A legal requirement built to protect you if an employee is injured or becomes seriously ill through working for you, it differs from public liability and professional indemnity – so what does your average claim look like?
Mind the gap
An employers’ liability policyholder was fortunate enough to win a building job. However, they were unfortunate in that their site suffered a fire, with a ceiling beam lost in the process. This was then covered by insulation, meaning that it was tricky to see the subsequent gap, and an unlucky employee fell through it – the result an insurance claim.
Total settlement: £5,700
Back to earth with a bump
A policyholder’s employee was working on some scaffolding during a roofing job when they lost their balance and fell awkwardly onto the concrete floor below. This resulted in a bone-shattering broken arm, which forced the employee out of work. The policyholder’s employers’ liability insurance shouldered the costs.
Total settlement: £14,129
A delivery firm sent an employee to a job at a private address. Upon arrival the employee set about offloading, and everything was going perfectly… until he slipped on a guardrail and fell severely – breaking a wrist and injuring his shoulder. An insurance claim inevitably followed.
Total settlement: £23,12
In each of these cases the businesses involved were wise enough to put a policy in place. Without one they’d have been breaking the law, and they could have faced fines on top of those costs – potential fines of up to £2,500 per employee, per day.
So in short, if you’ve got one employee or more be sure to cover up!
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