Comprehensive Liability Insurance to Protect Your BusinessRunning a business comes with risks, and liability claims can arise unexpectedly. Liability insurance safeguards your business from the financial impact of defending claims and paying compensation, ensuring your business remains secure.

Why Liability Insurance Matters

While insuring your business’s physical assets like buildings, stock, and vehicles is important, protecting against legal claims is just as crucial. Even with the highest levels of professionalism and compliance, disputes and accidents can happen. The right liability insurance ensures you’re covered when you need it most.

Types of Liability Insurance

At Independent Insurance Bureau Ltd, we offer tailored liability insurance solutions to suit your business needs. The main types of cover include:

Employers' Liability Insurance

If you employ staff, you are legally required to have continuous Employers' Liability Insurance. This policy covers claims from employees who suffer illness or injury due to their work. Your policy details must also be recorded on the Employers’ Liability Tracing Office (ELTO) register to ensure future claims can be traced. Sole traders and self-employed contractors may not need this cover, but most businesses do.

Public Liability Insurance

Public Liability Insurance protects your business against claims from customers, contractors, suppliers, visitors, or members of the public who suffer injury or property damage due to your business activities. If your business operates in public spaces or interacts with the public, this cover is essential.

Products Liability Insurance

If your business manufactures, distributes, or sells products, Products Liability Insurance is vital. It protects against claims arising from injuries or damages caused by faulty or defective products.

Additional Specialist Liability Insurance

Depending on your industry, your business may require additional liability coverage:

Airside Liability Insurance – Essential for businesses operating in airports, providing higher levels of cover.

Specialist Liability Insurance – Designed for high-risk industries such as roofing, scaffolding, security, cleaning, recruitment, recycling, and medical device production.

How Liability Insurance Protects You

If your business is accused of causing injury, property damage, or even death, you could face substantial compensation claims. Liability Insurance helps cover legal fees, compensation costs, and defence expenses, ensuring your business remains financially stable.

Get Expert Advice

We understand that every business is different. Our expert advisors will assess your needs to ensure you have the right liability insurance—without unnecessary costs or coverage gaps.To learn more, explore our liability insurance options or speak with one of our experienced advisors today.