Public Liability Insurance
Liability Insurance protects your business in cases of third party claims of accidental injury or damage. There is also optional Employers’ Liability Insurance. It is designed to cover accidents involving employees and is a legal requirement for most businesses that employ staff.
Features and Benefits
- Compare quotes from our panel
Receive competitive quotes from a panel of leading insurers, saving you time and hassle.
- Variable cover limits to suit your needs
Choose from public liability insurance limits of £1m, £2m or £5m to get the right levels of cover for your business.
- Protect your business
Get cover for legal costs and solicitors’ fees to defend allegations made against you relating to an insured business incident.
- Easy to buy
Get quotes online in minutes or speak to experienced advisers for advice on the best cover for your business needs.
- Tailor your cover to for your needs
Combine your public liability cover with damage and theft cover for tools.
- Optional Employers’ Liability
Optional £10m of employers’ liability insurance, to protect against compensation for injury to staff.
Keep in Mind
- Insurance covers are subject to the individual terms, conditions and exclusions of the insurer providing them. Always review the policy documentation supplied during the quote process to ensure you have the cover you need.
- Employers’ liability insurance is a legal requirement for almost every business that employs staff, including contractors, casual workers and volunteers. The legal minimum for cover is £5m.
- To offer this insurance service, we work with Arthur J. Gallagher Insurance Brokers Limited, one of the UK’s largest insurance brokers. Arthur J. Gallagher will search a panel of insurance providers for quotes tailored to your business’ insurance needs.
When accidents happen, your business could be responsible for paying compensation under many circumstances. Liability insurance can cover the cost of pay-outs and legal fees if your business is sued by a third party (third parties include members of the public, customers or clients, but not your staff).
Public liability insurance can cover an accident in your work area or relating to your business activities. This includes incidents on your premises as well as those that occur while doing business offsite.
You may need liability insurance if your business has direct contact with customers or the public. Although public liability insurance is not a legal requirement for all professions, many clients will insist that you’re covered for public liability before allowing you to begin work.
- Property damage resulting from your work. An electrician drills through a water pipe, or a roofing company fails to leave the roof water tight, damaging a customer’s property.
- Someone tripping, slipping or otherwise injuring him/herself in your work area. This can be a customer, member of the public, client or a contractor, but excludes your own employees.
- Dropping something while working or if something falls without anyone touching it, such as a stack of heavy boxes, injuring or damaging a customer or his/her property.
- Someone from your business accidentally spilling a drink over a client’s computer.
Employers’ liability insurance can cover the cost of pay-outs if your business is sued by an employee for injury or illness caused by employers’ negligence. These typically include damage pay-outs, medical costs and loss of income. In case of death, policies cover claims made by the family of the deceased.
Employers’ liability insurance also covers the cost of legal representation to defend allegations made against your business.
Employers’ liability insurance is a legal requirement for almost every business that employs staff, including contractors, casual workers and volunteers. The legal minimum for cover is £5m.
- An employee injures himself whilst operating machinery due to the employers’ negligence (such as improper machine maintenance, inadequate protective equipment or insufficient training).
- An employee becomes ill as a result of working at your business, for example through contact with toxins. This can be an employee who no longer works for you, but his illness can be traced back to your business. Even if you no longer have employers’ liability insurance, as long as you had a policy while that employee was working for you, your business will be covered.
- An employee trips on frayed carpet while carrying a hot cup of coffee, and gets burned.
- An apprentice forgets to earth a cord, and accidentally electrocutes himself. Even though it may seem like the apprentice’s fault, the business will be responsible if he has not been given adequate health and safety training for the specific task that caused the injury.
Arthur J. Gallagher will search a panel of insurance providers for quotes tailored to your business’ insurance needs.
A few quick details are needed through our online quote or over the phone to find policies suitable for you. Once policies are selected, you’ll get the policy details to review. You won’t have to make any decisions about whether to proceed until after you see the policy detail.
Lloyds Bank plc is an introducer to Arthur J. Gallagher Insurance Brokers Limited who arrange and administer Lloyds Bank Business Insurance Services and source products from a panel of insurers.
Important Legal Information
Lloyds Bank is a trading name of Lloyds Bank plc, Bank of Scotland plc and Lloyds Bank Corporate Markets plc. Lloyds Bank plc. Registered Office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales no.2065. Bank of Scotland plc. Registered Office: The Mound, Edinburgh EH1 1YZ. Registered in Scotland no. SC327000. Lloyds Bank Corporate Markets plc. Registered office 25 Gresham Street, London EC2V 7HN. Registered in England and Wales no. 10399850. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 119278, 169628 and 763256 respectively.
The products and services outlined on this site may be offered by legal entities from across Lloyds Banking Group, including Lloyds Bank plc and Lloyds Bank Corporate Markets plc. Lloyds Bank plc and Lloyds Bank Corporate Markets plc are separate legal entities within the Lloyds Banking Group.
Calls may be monitored or recorded in case we need to check we have carried out your instructions correctly and to help improve our quality of service.
Eligible deposits with us are protected by the Financial Services Compensation Scheme (FSCS). We are covered by the Financial Ombudsman Service (FOS). Please note that due to FSCS and FOS eligibility criteria not all business customers will be covered.
Insurance covers are subject to the individual terms, conditions and exclusions of the insurer providing them. Always review the policy documentation supplied during the quote process to ensure you have the cover you need.