Unreal Fish Art Blog

Who Needs Employer’s Liability Insurance?

Wondering whether or not you need employer’s liability insurance as a business owner? Well not everybody that owns a business needs this type of cover. The basic purpose of employer’s liability insurance is for the boss to cover themselves against the expense of injury occurring to you or any of your employees. No matter how friendly you are with your workers if they are hurt whilst working for you they can and more often than not will attempt to make a personal injury claim. It is also a lot more appealing to potential employees to want to work for you if they know you have cover there to protect them. The fact is where there is blame there is a claim! Employer’s liability insurance will cover you for the cost of a claim which can include huge legal fees that would otherwise have to come out of your pocket. Now some business owners may have deep pockets but generally they have short arms. Big unnecessary claims are not what any businessman wants to face, especially when they could have so easily been avoided!

If you work for yourself and have no employees to look out for then employer’s liability insurance is not required, you are responsible for yourself!