What is Employers Liability Insurance?
Covering you against the costs of claims arising from employee injury or illness, at work
Employers liability insurance protects and provides cover for businesses in the event that a claim for compensation is made by an employee as a result of an injury or illness suffered due to the work they carry out in your business. The insurance covers against the cost of compensation claims arising from employee illness or injury, sustained during the time they carry out work for you and your business. Remember ultimately if an employee suffers a bodily injury and/or illness during work hours your business could be liable.
Employers Liability Insurance is a legal requirement if your business employs more than one person, whether they be paid, unpaid, volunteers or subcontractors (labour only), with a potential fine of up to £2,500 each day you go without the necessary cover.
All our policies come with at least £10 million worth of cover as standard, as is required by law.
How will Employers Liability Insurance help me?
With an Employers Liability cover in place your business and employees are protected. Our employers liability insurance also helps you and your business fulfil your legal requirement of having a minimum level of cover, currently set at £5 million, all our polices currently provide £10 million worth of cover. Your business will also be protected from claims for compensation, legal or medical expenses made by someone in your employment. When purchasing your Employers Liability policy, an Employer’s Reference Number (ERN) is required, this is provided by HMRC and is unique to all businesses.
Arranging employers liability cover
When you’re considering taking out a policy, one of The Insurance Octopus specialists will discuss your business requirements with you and compare personalised quotes from a number of major UK insurance providers. We can provide you with your business insurance and documents on the same day in most cases, offering a range of flexible payment options, including Direct Debit. Speak to us today to get a quote.
Why choose The Insurance Octopus for your Employers Liability Insurance?
We proudly make buying insurance different and our cover comes with a range of benefits.
£10 million of cover
£10 million worth of employers liability cover is included as standard.
Fast specific cover
To help save you both time and money. We compare prices from a range of different insurers so you don’t have to.
A specialist who knows your industry
We'll connect you with an agent who specialises in your field. They understand many of the challenges you face, and can truly get to grips with the type of cover you need.
Easy claims process
Accidents can happen, so when something does go wrong you can rest easy knowing our team is on hand to make the claims process as quick and stress free as possible.
Octopus customer rewards
We pride ourselves on the value we offer our customers, and with Octopus Customer rewards we give our customers a few additional benefits to their insurance such as discounts and offers to save them money.
No mid term fees, ever
We don’t charge any mid-term fees at all during the life of your policy – so there are no hidden fees following any changes you might need to make.
How it works
Examples of Employers Liability Insurance in action
Employers liability claim from a waitress
A waitress at a restaurant takes a hot drink over to a table with customers waiting. Whilst on her way to the customers table the employee slips on the wet floor. The fall occurred due to the floor being cleaned with no wet floor sign visible and the employee receiving no forewarning of the wet floor. The slip and fall has led to the employee hitting their head and becoming concussed.
The employee has now had to take several weeks off work while receiving hospital treatment. Costs were incurred through constant travel between treatment locations as well as a loss of earnings for the time they’ve been unable to work. After making a claim and going through the courts the employer was found liable. The employee made a claim for loss of earnings and compensation which were both covered under the employers liability insurance held by the restaurant in question. The employer was also relieved to know that the court and other legal costs were also covered by the insurance.