Compare Public Liability Insurance
By law, all employers must insure their workers against liability for injury or contracting diseases or sickness arising out of their employment. To ensure conformance, The Employers` Liability (Compulsory Insurance) Act,1969 was put in place. What is employers` liability insurance It is an insurance policy to allow you to seek compensation in the event you employer has been negligent in providing safety conditions at work. It also allows you to claim compensation if you are rendered sick because of the physical work conditions of the workplace.
As always, employers have a choice whether to buy the more comprehensive employers liability insurance which cost more or to just buy the mandatory basic cover which is the cheap employer liability insurance. The cheap employer liability insurance ensures the employer have at least a minimum level of insurance against any employee claim. There are many types of insurance policies that the employer can buy. It ranges from the cheap basic employer liability policy to the combined employers and public liability policy or the employers liability compulsory insurance policies. While buying these policies, employers must take due cognizance that the policies they eventually buy, must adequately meet his needs particularly to cover the likely risks and dangers that can affect employees using his machinery or involved in his work processes.
Due care must be exercised by the employer when buying employers liability insurance coverage. Most importantly, he must ensure that the terms of the policy have specified claim parameters that are comprehensive enough to cover all exigencies. This is important to avoid being confronted by civil liability suits against him in the event that his policy is not thorough to sufficiently cover obvious dangers and risks. As such, it pays for employers to study all the policies available in the market and even to add new `riders` to ensure full coverage of the policies to be bought. These days, employer liability insurance can be bought online using a credit card.
As a prudent employer, when shopping for cheap employer liability insurance or other policies, they must meticulously study the quotes, the limits of coverage as well as claim procedures. At all times, he must ensure the policy is adequate enough to meet his needs. If need be, he must consult the company lawyer study all aspect of law that covers definitions of employment, employment practices liability and its conformance to The Employers` Liability (Compulsory Insurance) Act,1969.