Employers Liability Insurance

[BoredBloke]

I've just been told that I have to take this out. Is there much point having employers liability insurance when I don't have any employees

[malvolio]

I've just been told that I have to take this out. Is there much point having employers liability insurance when I don't have any employees

This turned up quite recently. It doesn't only cover employees. If you have a valid RoS, you need ELI to cover any subbies you may bring in: without it you can argue that your RoS is a sham. Since it costs fourpence anyway, it's not worth arguing about it

[Contreras]

If you have a valid RoS, you need ELI to cover any subbies you may bring in: without it you can argue that your RoS is a sham. Since it costs fourpence anyway, it's not worth arguing about it

That is just so plainly wrong:

- You can take out ELI at the point which it is needed.
- If the subbie is another contractor they are not your employee.
- It can be argued the RoS is a sham anyway (and it usually is).
- ELI does not cost fourpence.

Are you on a wind-up?

[DaveB]

That is just so plainly wrong:

- You can take out ELI at the point which it is needed.
- If the subbie is another contractor they are not your employee.
- It can be argued the RoS is a sham anyway (and it usually is).
- ELI does not cost fourpence.

Are you on a wind-up?

Irrelevant of any of the above, if having it is a condition of the contract then you need it.

It does't just cover Employee's, it covers anyone working on your behalf so your average contractor subbie is also covered.

Your RoS may be a sham, mine isn't.

£10m ELI cover costs £42.48 from QDOS. Not quite 4 pence, but close enough. It's the Professional Indemnity that gets expensive.

[SueEllen]

Packages of insurance are much cheaper.

So generally you will find that if you need PL and PI then adding EI costs nothing.

BTW legally you may be exempt from having to take out EI if you don't have any employees. linky So if you are exempt then by not having it you comply with the law.

[malvolio]

That is just so plainly wrong:

- You can take out ELI at the point which it is needed.
- If the subbie is another contractor they are not your employee.
- It can be argued the RoS is a sham anyway (and it usually is).
- ELI does not cost fourpence.

Are you on a wind-up?

Two options:

• I'm making it all up. I know nothing about contractor legalities and only read the Beano.

• I know what I'm talking about, having done the research and made the effort to learn company law

Which do you think is the right answer.

[BoredBloke]

Packages of insurance are much cheaper.

So generally you will find that if you need PL and PI then adding EI costs nothing.

BTW legally you may be exempt from having to take out EI if you don't have any employees. linky So if you are exempt then by not having it you comply with the law.

I have to take out £5m of cover for my non existent employees

[DaveB]

I have to take out £5m of cover for my non existent employees

Go check out QDOS. IF you don't have PI/PL already they do a very competitive bundle, or you can just go for the ELI, £10m as standard. £42+change. Just taken insurances out myself and they were the cheapest quote by a significant margin.

[v8gaz]

Two options:

• I'm making it all up. I know nothing about contractor legalities and only read the Beano.

• I know what I'm talking about, having done the research and made the effort to learn company law

Which do you think is the right answer.

So do you prefer Dennis the Menace or Lord Snooty?

[Contreras]

Two options:

• I'm making it all up. I know nothing about contractor legalities and only read the Beano.

• I know what I'm talking about, having done the research and made the effort to learn company law

Which do you think is the right answer.

SueEllen already posted one link, here's another: Insurance and contractual issues when using contractors and subcontractors | Business Link