Insurance for limited company

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Truth Will Out replied

19 June 2018, 19:06
Originally posted by zackzzz View Post

Hi everyone,

I think this is a simple question, but struggling to get a definitive answer...

I am director of a limited company for which I am also the only shareholder. I have a single 2-way contract with an agency and my client. No one else is involved in the company. Would someone mind explaininig whether I need employer’s liability insurance? I don’t know if I count as an employee too, and whether that means I legally need the insurance... for context, it’s not a requirement in my 2 way contract.

Many thanks
Zack

I would check the terms of the agency contract as its often in there that you must have EL, PL & PII
Leave a comment:
malvolio replied

8 June 2018, 10:48
Originally posted by radish2008 View Post

Who would insure your substitute ?

Precisely. If you have anyone working for you in any capacity then ELI is necessary but not otherwise*. It's not exactly expensive anyway.

*There is a very obscure argument that not having ELI invalidates any RoS clauses. Can't see it myself, as long as it's in place if you do substitute yourself.
Leave a comment:
radish2008 replied

8 June 2018, 10:24
Originally posted by zackzzz View Post

Hi everyone,

I think this is a simple question, but struggling to get a definitive answer...

I am director of a limited company for which I am also the only shareholder. I have a single 2-way contract with an agency and my client. No one else is involved in the company. Would someone mind explaininig whether I need employer’s liability insurance? I don’t know if I count as an employee too, and whether that means I legally need the insurance... for context, it’s not a requirement in my 2 way contract.

Many thanks
Zack

Who would insure your substitute ?
Leave a comment:
northernladuk replied

7 June 2018, 23:19
Originally posted by Old Greg View Post

Or a gladiator or radiator bleeder?

Not really. Just trying to find what a 2 way contract is and according to Google the OP must be a professional athlete in the US.
Leave a comment:
Old Greg replied

7 June 2018, 21:07
Originally posted by northernladuk View Post

Are you an ice hockey or basketball player?

Or a gladiator or radiator bleeder?
Leave a comment:
northernladuk replied

7 June 2018, 20:27
Are you an ice hockey or basketball player?
Leave a comment:
ladymuck replied

7 June 2018, 18:51
http://www.hse.gov.uk/pubns/hse40.pdf

Page 3/4, you're probably exempt.
Leave a comment:
zackzzz started a topic Insurance for limited company

7 June 2018, 16:15
Insurance for limited company

Hi everyone,

I think this is a simple question, but struggling to get a definitive answer...

I am director of a limited company for which I am also the only shareholder. I have a single 2-way contract with an agency and my client. No one else is involved in the company. Would someone mind explaininig whether I need employer’s liability insurance? I don’t know if I count as an employee too, and whether that means I legally need the insurance... for context, it’s not a requirement in my 2 way contract.

Many thanks
Zack
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