As a business owner or employer, you have a legal duty to protect the public from injury or wrongful acts (whether deliberate or negligent) by your business or your employees. If a member of the public is injured or there is damage to property, you could be held legally responsible and face legal action being taken against you. If a group of people or number of properties suffers because of your actions, the costs could escalate which is why we recommend taking out this cover.
We arrange liability cover for organisations whom manufacture, repair or simply supply goods. If someone suffers illness, injury, death, loss or damage as a result of your actions, you could be held legally liable and sued for a huge sum of money - and there is no financial limit on your total liability. We search the market for competitive product liability insurance to cover consumer goods, goods used at a place of work (such as chemicals and machinery); foods; building materials; components of a product (such as wheels on a car); and/or raw materials (such as cotton).
At Newstead Insurance Brokers we search the market for competitive employer's liability insurance for your business needs. This type of cover is a legal requirement, and it allows businesses to meet the costs of compensation and legal fees for employees who are injured or made ill at work through the fault of the employer. Claims could run into the millions - without employers' liability insurance, how would you cover these costs?