Simply because it’s your legal responsibility. While there are some exemptions (where you only employ close family members), businesses employing one person or more must be covered to stay compliant. This protects you, your employees and your business if a staff member gets ill or injured while working.
Protection
Employers' Liability Insurance
You need strategies and solutions to help you navigate an uncharted environment
If your business employs staff, you’re legally required to have Employers’ Liability Insurance. It protects your business against claims from employees who are injured or become ill as a result of their work. We partner with Marsh Commercial to help you stay compliant and protect your workforce.
Employers’ Liability Insurance at a glance
What does it cover?
Covers compensation and legal costs if an employee is injured or becomes ill due to work. Meets the statutory requirement for most UK businesses employing staff. Includes protection for full-time, part-time, and temporary employees. Access to specialist risk advice and claims support through Marsh Commercial Flexible limits available to meet regulatory or contractual obligations.
Who needs it?
Any business that employs one or more people, even on a part-time or casual basis, must hold Employers’ Liability cover. It ensures you can meet legal obligations while protecting employees from work-related injury or illness.
Minimum cover
You are legally required to have cover for compensation of at least £5 million, but most policies will offer cover for £10 million. The cost of your premium is usually based on a number of factors including: the nature of your business; the number of people you employ (and/or the payroll cost); your previous insurance claims. In the case of larger organisations or where a number of employees are in one location, increased limits are recommended.
Access to a broad range of insurers
Marsh Commercial will recommend a product based on your needs, and highlight any significant policy exclusions or limitations.
Why choose Employers’ Liability Insurance?
What else is included?
Expert advice on maintaining compliance with UK regulations.
Risk assessment support to minimise workplace incidents.
Important information
For more information call Marsh Commercial on 0330 912 1479. Lines are open Monday to Friday 9am to 5pm. Limitations, exclusions, terms and conditions apply.
HSBC UK Bank plc is an Introducer to Marsh Ltd and Marsh Commercial is a trading name of Marsh Ltd. Marsh Ltd is authorised and regulated by the Financial Conduct Authority for General Insurance Distribution and Credit Broking (Firm Reference No. 307511). Copyright © 2024 Marsh Ltd. Registered in England and Wales Number: 1507274, Registered office: 1 Tower Place West, Tower Place, London EC3R 5BU. All rights reserved.
HSBC UK Bank plc, 1 Centenary Square, Birmingham, B1 1HQ, United Kingdom, 9928412 acts as an introducer to Marsh Commercial.
Under this arrangement HSBC UK can provide no advice, make any recommendations, or provide any guidance as to the stability of any product or service that may subsequently be provided by one of the third-party insurance partners as a result of any HSBC UK introduction. If you take out an insurance contract as a result of our introduction, we will receive payment from the partner, which will be either a percentage of the premium or of any fee that you pay.
Contact Marsh Commercial
Get in touch
0330 912 1479
Monday – Friday 9am – 5pm
or email Marsh Commercial at HSBC@marshcommercial.co.uk
