Everyone I deal with is insisting on proof!
If you tender for contracts, you will inevitably be asked to provide proof of your insurances. This protects the customer should a range of things happen.
But do you need everything they ask for?
Often you will be emailed a standard document which covers everything, any contractor could be asked for, regardless of whether it is necessary or not. Unfortunately, the people issuing these documents often have no understanding about the covers are relevant.
Let’s look at the covers they often ask for:
COVER REQUIRED WHY?
Public Liability ALWAYS Covers damage or injury you do to other people
Products Liability SOMETIMES Only if you manufacture, sell or supply a product
Employers Liability SOMETIMES Only if you have employees in your business
Excess Layer Liability SOMETIMES Only if the customer wants more than £5,000,000 cover
Professional Indemnity SOMETIMES Only if you give advice or a service to a recognised standard that could result in a financial loss for the customer.
We give advice all the time, even dealing direct with the customer where necessary!
Still not sure, call on 29 20 470 375 #becauseaccidentshappen to nice people all the time.
Have a great week