This policy offers protection to employers for their legal liability (under Common Law), for damages and claimant’s costs and expenses of lawsuits filed by an injured employee
Employers Liability Insurance
What is Employers Liability Insurance?
The benefits covered are divided into four categories: court costs, damages, settlement claims, and consequential claims.
All employers are eligible to take an E.L cover for all employees working for them, the employer’s liability cover cannot be taken on standalone basis and must be accompanied by a WIBA cover.
The cost of employers liability insurance will be a percentage of the WIBA premium i.e (Option A-25%, Option B – 30%, Option C – 35%, Option D – 40%) all these options have different coverages.