Employer Indemnity Insurance

What is public liability insurance?

Public liability insurance is an insurance policy designed to cover your business in the event that you cause bodily injury or death to a member of the public or damage to a third parties property. A third party could claim that as a direct result of your negligence they have suffered a loss whether it is damage to their property or they have suffered a bodily injury. In the event that you are pursued by someone who feels that your business activities are a direct result of their loss they sue you/your firm for compensation & damages. Although public liability insurance will not prevent claims from happening it will cover the cost of compensation if there is a claim. Public liability insurance claims are notorious for running into hundreds of thousands of Euro. If you do not have public liability insurance you will be liable to pay the cost of the compensation awarded against you. Unfortunately, if you are unable to pay the compensation a court may pursue you for your assets such as your home, vehicles and any other assets.

What is Employers Liability Insurance?

Employers Liability Insurance [EL] provides cover if any of your employees suffer physical injury or death, and it is proven that as an employer you acted negligently and subsequently could have prevented their loss. If they then decide to pursue you for compensation the insurer will pay the cost of the claim.
Consider the following examples where Employers Liability Insurance will provide cover:

• You run a carpentry company. One of your employees loses a finger while using a chop saw and decides to claim against you for his injury
• You are a scaffolding contractor and are erecting scaffolding around an apartment block. While erecting the scaffolding one of your employees falls and suffers severe bodily injury. He decides to claim against your firm.

Contact Travers & Co. Insurances Ltd today to protect your business or call us now to speak to our expert customer service team in Wicklow.