Employers Liability Insurance
For the unexpected Employers Liability, Insurance protects you.
Employers Liability Insurance covers the costs of workplace-related injuries or illnesses that employees might experience while on the job. Even with our best efforts to create a safe working environment, accidents can still happen.
This insurance steps in to handle claims from employees seeking compensation for medical expenses, lost wages, and other damages resulting from workplace incidents that are not covered by ACC.
What does it cover?
Employers Liability Insurance covers legal fees, settlement costs, and any compensation awarded by a court if the company is found negligent in providing a safe workplace. This could relate to situations like slips and falls, injuries from faulty equipment, or illnesses due to exposure to harmful substances.
By covering these costs, employers can avoid significant financial stress and focus more on running their businesses with peace of mind.
Who needs Employers Liability Insurance?
It’s a good idea for any business with employees to consider getting Employers Liability Insurance, as it provides a vital buffer against potential lawsuits. This coverage is especially crucial for industries that come with higher physical risks, such as construction, manufacturing, and transportation.
Small to medium-sized business owners, who may not have the financial flexibility to absorb the impact of employee injury claims, will find this insurance particularly valuable. By securing Employers Liability Insurance, you not only protect your financial well-being but also show your commitment to employee safety, creating a more secure and supportive work environment.
