| Employers Liability This is required by law and it | | | | or injury caused by your product. Cover is also |
| covers personal injuries sustained in the course of | | | | available to protect you against costs incurred in |
| their employment by your employees. It will also | | | | having to recall a product. With some recent high |
| cover an employee (current or former) if they | | | | profile product recalls (SAAB announced it was |
| become ill as a result of their work. Failure to take | | | | recalling 33,100 cars in the UK and 297,000 units |
| out an employer's liability policy can result in fines | | | | Worldwide due to a ignition problem) now, more |
| of up to £2500 for any day you are | | | | than more, is it crucial to ensure you have the |
| without suitable cover. | | | | correct level of cover. |
| Public Liability This covers injury to a member of | | | | Directors & Officers Directors & |
| the public or damage to their property caused by | | | | Officers (or D & O) is a policy that protects |
| you or your business. Premiums depend on the | | | | officers and directors of a corporation from |
| type of business you run, your turnover and the | | | | liability in the event of a claim or lawsuit against |
| number of employees you have. | | | | them claiming wrongdoing in connection with the |
| Products Liability If you sell (or give away) a | | | | company's business. Premiums for this type of |
| product you are legally responsible for any | | | | cover have risen dramatically in recent times so |
| damage or injury that the product you supply | | | | the use of a good insurance broker is highly |
| may cause. Products Liability will cover you against | | | | recommended to ensure you get the best deal. |
| any compensation awarded as a result of damage | | | | |