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