Insurance in action Employers? liability insurance
This week were wrapping up our run-through of the core business insurance covers employers? liability is the final policy were 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.
Keith Lynn is a senior product manager at Simply Business, with almost ten years of experience both working and studying in the insurance industry. He has been with the company for four years as part of the products team. Much of his time is spent working with numerous insurers to improve the products they offer through Simply Business. Prior to his current role, he obtained a BA in International Insurance and European Studies at the University of Limerick.