Asbestos Removal Insurance
Get cover that addresses the unique risks your business faces
Who needs Asbestos Removal Insurance?
As a contractor, you need to protect your business, staff, sub contractors and members of the public. As a business owner, you need protection for your self, too.
As an asbestos removal contractor, you are exposed to significant risks that other contractors are less likely to face. For this reason, it’s important to be clear about your business activity when buying insurance. Trying to position yourself as a general builder or buildings contractor might save you a few pounds when buying your policy, but you could find yourself dangerously exposed should something go wrong or a claim be made – even if its ultimately proven to be false.
You need to manage the risks associated with your business activity, ensuring that if something does go wrong, there is minimal disruption in the short term. You are likely to need to manage longer term potential liabilities, too. For example a claim could be made by an ex employee that they have now become ill as a result of work they did for you years ago.
What cover is included on an asbestos remover contractors’ insurance policy?
Cover can be flexed to reflect your exact requirements. At Real Insurance Brokers, we work closely with all of our clients to better understand their business needs before providing quotes. There are a number of cover types that are likely to be required for an asbestos removal contractor. The key considerations will include:
Asbestos contractors employers liability – If you have staff working for you, even if only part time or as a sub-contractor, you are legally obliged to have employers liability insurance in place. Asbestos clearly represents a health hazard and should a member of staff become unwell as a result of their work with you, you could face legal and compensation costs. Employers Liability Insurance can pay out in this event.
Asbestos removers public liability insurance – You’re likely to be working on site at buildings, clearing asbestos away. Public liability insurance for asbestos removers protects you from claims made by members of the public that they have suffered loss, injury or worse as a result of your business activity. This cover protects you from the costs of legal defense and any compensation that is awarded.
Talk to a member of our specialist insurance broking team today
Other insurance for asbestos removal contractors
There are a number of other considerations to be made. It’s worth talking to us about whether you need professional indemnity insurance, for example. Similarly, if you work at height its important to have that noted on your policy or you could find yourself uninsured for some jobs.
More widely, you may wish to include any vehicles and tools that you use as part of your work on a policy. For a no obligation discussion of your particular requirements, call Real Insurance today.
- Employer’s liability cover
- Buildings and / or Contents cover
- Business interruption cover
- Goods in transit cover
- Theft of money and / or stock cover
- Loss of license cover
- Portable equipment cover
- Legal expenses cover
- Crime, deliberate harm or terrorism cover
Talk to Real Insurance Brokers today
Real Insurance Brokers have many years of experience finding cover that meets all the needs of an asbestos removal contractor.
Going through Real Insurance Brokers gives you the peace of mind that you’ve chosen your cover from a wide range of appropriate options.