Tradesman Insurance
If you work as a tradesman, either on a self-employed basis or as an employer, it’s vital to get your insurance taken care of to protect yourself as well as complying with the law. If you employ anyone to work with you in your trade business, for example manual labourers, you are their employer and therefore must be covered by employers liability compulsory insurance. If you use vehicles such as cars and vans within the business you should also ensure that these are properly covered with motor insurance.
There are lots of things that can happen in life, and when you run your own business the risks are particularly high. The good news is that you can purchase a tailored package of insurance products with a variety of policy elements designed to suit your business in particular. Choosing the right elements within your insurance package is essential to protect yourself and your business, but need not be a complicated task.
Among those insurance policy aspects to consider is cover for your equipment. Most trades involve plenty of equipment, such as tools and machinery, which you have more than likely invested a fair amount of money in. For this reason it’s extremely important to cover these as extensively as possible. If you operate your trades business out of a unit or property, your buildings and contents insurance may be tailored to suit your equipment.
Public liability insurance is generally a necessary investment for people working with clients and customers, especially with any operation in which you are using tools on someone’s property.
