Public liability insurance also known as third party liability insurance is a pertinent requirement of all contractors and tradesmen although not usually a statutory requirement. Public liability limits of indemnity start at £1 million but can be as high as £50 million or even higher for work at airports.
Factors common to all aspects of construction which tend to require clarification for insurance quotes are definitions of different categories. The definitions below are for guidance only. These definitions are for insurance purposes only and may differ to Inland Revenue definitions.
- Contractors: This can be a limited company or someone working in their own name. They will usually have at least one employee otherwise they would be sole traders. They will receive instructions from an employer.
- Sub Contractors: These can be divided into two types, labour only sub contractors and bona fide sub contractors. Typically a labour of sub contractor will be a sole trader, he is self employed but works for the main contractor. In most cases the contractor will supply the materials. Because they can work for various contractors or even the public they should have public liability insurance in their own name.
- Bona fide Sub Contractors: This type of sub contractor will provide a price for the work to be done, they may also be called supply and fix contractors. They should have their own public & employers liability insurance.
We can provide public liability to meet requirements for all sizes of contractors and we specialise in arranging bespoke policies and providing advice on your requirements.
As public liability insurance only covers against claims from third parties and not employees, a separate insurance known as “Employers liability insurance” would cover this and is a statutory requirement when companies employ labour.
Complete our questionnaire for a competitive quotation.
Public liability insurance also known as third party liability insurance is a pertinent requirement of all contractors and tradesmen although not usually a statutory requirement. Public liability limits of indemnity start at £1 million but can be as high as £50 million or even higher for work at airports.
Factors common to all aspects of construction which tend to require clarification for insurance quotes are definitions of different categories. The definitions below are for guidance only. These definitions are for insurance purposes only and may differ to Inland Revenue definitions.
- Contractors: This can be a limited company or someone working in their own name. They will usually have at least one employee otherwise they would be sole traders. They will receive instructions from an employer.
- Sub Contractors: These can be divided into two types, labour only sub contractors and bona fide sub contractors. Typically a labour of sub contractor will be a sole trader, he is self employed but works for the main contractor. In most cases the contractor will supply the materials. Because they can work for various contractors or even the public they should have public liability insurance in their own name.
- Bona fide Sub Contractors: This type of sub contractor will provide a price for the work to be done, they may also be called supply and fix contractors. They should have their own public & employers liability insurance.
We can provide public liability to meet requirements for all sizes of contractors and we specialise in arranging bespoke policies and providing advice on your requirements.
As public liability insurance only covers against claims from third parties and not employees, a separate insurance known as “Employers liability insurance” would cover this and is a statutory requirement when companies employ labour.
Complete our questionnaire for a competitive quotation.