Who is an employee for Employers Liability Insurance?
An employee for insurance purposes can sometime be confusing; particularly in the contracting sector so it’s always a good idea to make sure you seek the correct advice. An Employee can be thought of as someone that is fully employed by your business such as PAYE where the business pays the Tax and National Insurance so a labour only sub- contractor could be ignored.
If someone that works for you is injured it doesn’t matter whether they are employed, self-employed an apprentice or even a volunteer, its crucial to understand that these would be classed as an employee.
To avoid confusion, speak to Real Insurance, we know the difference between PAYE, Labour Only Sub-Contractors as well as Bona Fide Sub-Contractors; we can ensure that the flooring contractors insurance policy you buy for your business protection is on the correct basis.
It’s easy to tick boxes on a website, it’s also easy to get it wrong which could invalidate your insurance cover leaving you and your business without the protection it needs.
What other types of insurance might a flooring contractor need?
If you run your business from an office you may need to include the building that that your office is in, you may have office contents and computer systems that need to be protected too against all types of perils, for instance, storm, flood, fire as well as theft.
Most flooring businesses will have expensive tools that are taken to site as well as being transported between jobs, these need to be insured against anything happening to them, theft can be a risk so a policy covering them is important whether they are tools owned by the business or if they are hired in.
A flooring contractor will need to get from job to job, not only moving employees about but materials and tools too so a commercial vehicle insurance policy is ideal. If you have multiple vehicles in your business then a mini fleet policy can be cost effective as well as providing greater flexibility and less admin with a common renewal date.