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What cover Employers' Liability Insurance

To get an employers liability insurance quote online visit www.insuranceincyprus.com

This Policy is cover the legal responsibility of an employer for accidental bodily injuries or occupational disease caused during or as a result of their occupation.

The minimum limits of indemnity

For each employee €85,430
Per event or series of events   €3,417,205
Aggregate limit any one period of insurance €5,125,805
This Policy is obligatory by law meaning that every employer who employs at least one employee is obliged to have one.
 

For the Policy to be valid
The employer is obliged to take out some safety precautions so as to avoid casualties caused by accidents or diseases in the working place.

The premium paid is based on the payroll of the company for each and every employee. Nevertheless, the employer has to calculate any changes that might take place to the payroll during the period of the Policy (provisional premiums). At the end of the cover, the employer has to present the actual payroll and any differences between the actual and the provisional premiums have to be settled between the two parties.


To get a quote online visit www.insuranceincyprus.com