The complete coverage tailored to your needs!
The most valuable asset of a business is its people. That's why you should opt for the best possible insurance coverage for your professional family, but also for yourself. Increased liability limits and coverage even abroad are just some of the benefits you can enjoy with Trust .
Why TRUST Employer Liability
Who is this for?
Aimed at professionals and organisations that employ individuals and their insurance is compulsory for every employer, in accordance with the Employer Liability Insurance Act.
It covers your Legal Liability as an Employer for compensating your employees in case of:
- Physical Injury caused by an accident
- Occupational Disease, defined in relevant regulations that are caused as a result and during their employment
Employer Liability coverage is offered for accidents or illnesses for which the employer is responsible for. If it has no legal liability, so there will be no claim for coverage.
According to the legislation the limits are:
- Per employee €160,000
- Per case or series of cases €3,415,000
- Total limit per insured period €5,125,000
Depending on the nature of the work you can set the coverage limit.
When deciding on the coverage limit, one must consider the maximum claim that one can make against it. This can be done by taking into account the turnover of the Company. Some businesses, in the event of an extended fire or multiple personal injuries, may have to deal with claims for damages well in excess of that amount.