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Nanny Insurance
As an employer you are required by law to insure your staff against liability for injury or disease known as Employer’s Liability Insurance.
The total value of the policy should be a minimum of £5 million but it is to be remembered that the minimum level of cover also includes costs, so you may wish to increase your cover above the minimum required.
Without suitable employer’s liability insurance you could be fined £2,500 for every day that you do not have cover and it is essential that you protect yourself from damages and costs arising from injury to staff at work, not only from the injury itself but also from potential future loss of earnings claims. These observations are for information purposes only and are not a legal interpretation of the Employer’s Liability ( Compulsory Insurance ) Act.
Nannywage Ltd recommend that you visit www.mortonmichel.com the professional nanny insurance service.
Nannywage Ltd are not affiliated to Morton Michel in any way and receive no introductory fees or commissions.
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