All employers in the UK are required by law to hold an insurance policy which covers them from employee’s claims for injuries or diseases sustained from work. The law was passed over 45 years ago and still stands today.
Now it means that companies and businesses must be insured for at least £5 million, however most businesses get covered for £10 million or more! Failure to have an in-date insurance policy from a valid insurer, authorised by the Financial Services Authority, can result in an employer being fined up to £2,500 per day!
A few exceptions such as health bodies, family businesses, companies which only employ the owner and most public organisations are exempt from the Employers’ Liability Act and as such do not need to get employers’ liability insurance.
This type of insurance was made compulsory in 1969 by the Employers’ Liability Act. It means that if you are injured in an Accident at Work and make a successful claim for compensation it would be the insurance company that would pay for your compensation and not your employer.
Not only does this apply to everyone who is an apprentice, part-time or full-time employed by the business it also covers claims made by people who get injured whilst visiting the workplace.
Possessing employers’ liability insurance doesn’t however excuse employers from upholding the legal responsibilities they have to protect the health and safety of all their employees. Employers have a duty to record details of accidents, carry our risk assessments and ensure that all reasonable measures of protection, such as protective equipment and guards, are given to employees.
The Personal Injury Solicitors at Slater and Gordon Lawyers specialise in work accident compensation and most claims are dealt with on a No Win No Fee basis.
For a free consultation call freephone 0800 916 9046 or contact us online and we’ll be happy to assess how successful you work accident claim is likely to be.
Slater and Gordon are a leading personal injury law firm with offices in London, Manchester, Liverpool, Birmingham, Sheffield, Milton Keynes, Bristol, Derby, Merseyside, Cambridge, Edinburgh, Cardiff, Halifax, Newcastle, Wakefield and meeting rooms in Bramhall, Cheshire and in Hull, Yorkshire.