Employers liability insurance

[2JP]

Why is it impossible to get just employers liability insurance without some other bundled liability insurance?

If the government law says that employers liability insurance is a must, then what are they doing to ensure that this insurance is available without the compulsory purchase of something else that is not required by law, nor wanted?

We are having great difficulty in obtaining employers insurance because of the other bundled liability insurance. Does anybody sell just employers liability insurance on its own?

 

[pentel]

Are you talking about public liability insurance?

What do you do such that having this is not a good idea?

 

[WaveJumper]

Speak to @Frank the Insurance guy

 

[2JP]

Are you talking about public liability insurance?

What do you do such that having this is not a good idea?

That is not really the point. Whether it is a "good idea" or not is up to the business to decide after assessing risk.

 

[Frank the Insurance guy]

Hi @2JP ,

Employers Liability is usually cheaper "bundled in" with other policy covers. As an example for a clerical service based business it is usually cheaper to have an "office package" policy which includes property/computers, Business interruption, Public liability as well as Employers Liability - particularly the case where there is a large wagebill (as an office package policy does not rate on wages, but a stand alone Employers Liability policy will!)

Employers Liability policies are available on their own, but can be costly! I've arranged these policies for some clients (eg/ UK Subsidiaries of US companies that only need this policy as the rest is covered by their US parent).

Speak to an independent insurance broker, who should be able to carry out a quote exercise for you.

Happy to help if needed - my contact details below.

 

[2JP]

Hi @2JP ,

Employers Liability is usually cheaper "bundled in" with other policy covers. As an example for a clerical service based business it is usually cheaper to have an "office package" policy which includes property/computers, Business interruption, Public liability as well as Employers Liability - particularly the case where there is a large wagebill (as an office package policy does not rate on wages, but a stand alone Employers Liability policy will!)

Employers Liability policies are available on their own, but can be costly! I've arranged these policies for some clients (eg/ UK Subsidiaries of US companies that only need this policy as the rest is covered by their US parent).

Speak to an independent insurance broker, who should be able to carry out a quote exercise for you.

Happy to help if needed - my contact details below.

Thank you, Frank. I rang Frank this morning. What a star! I greatly recommend Frank for insurance. A real human who can help in a maze of dead ends.

 

[Paul Kelly ICHYB]

@2JP if you like what Frank does, give him a review here:

Frank the Insurance guy

UK Business Forums profile page for Frank the Insurance guy

www.ukbusinessforums.co.uk

It is something all members should be using when relevant!

 

[pentel]

I rang Frank this morning. What a star! I greatly recommend Frank for insurance. A real human who can help in a maze of dead ends.

I agree, Frank did a good job for us too!

Out of interest did you end up with employers liability insurance on its own?

 

[2JP]

I agree, Frank did a good job for us too!

Out of interest did you end up with employers liability insurance on its own?

No, lol!

 

[WaveJumper]

Frank ia always ........what shell I say "frank with his advice" ?

 

[IanSuth]

But the moral of the story is - if you can talk to a professional you will get tailored advice which may lead to a cheaper and definitely a better solution.

Web based quotation tools have to be all things to all people so always give an average answer

 

[2JP]

But the moral of the story is - if you can talk to a professional you will get tailored advice which may lead to a cheaper and definitely a better solution.

Web based quotation tools have to be all things to all people so always give an average answer

I talked to 3 different professional brokers on the telephone before talking to Frank. All appeared to be simply acting as bots as they were clearly just using drop down lists on their systems. Frank bothered to find out what the company actually did, what we really wanted and needed and explained it to me. That was the difference.