How much employers' liability insurance do I need?
The law requires most employers to have at least £5 million of employers' liability insurance, and the fine is a maximum of £2,500 for every day that you don't have this cover. In practice, most insurers will give you £10 million of cover as standard, so you don't usually have to choose a cover level when you're buying your employers' liability insurance.
The law requires most employers to have at least £5 million of employers’ liability insurance, and the fine is a maximum of £2,500 for every day that you don’t have this cover. In practice, most insurers will give you £10 million of cover as standard, so you don’t usually have to choose a cover level when you’re buying your employers’ liability insurance.
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This is our ultimate business insurance guide. We help walk through the specific business insurance elements you may need to consider for your business as well as relevant partner offers.
