Employers liability insurance (EL) is a kind of compulsory insurance policy for all business owner in case they hire a dedicated team of employees. In fact, some countries including the UK have made it mandatory for business owners to take adequate employers insurance, in case they maintain manpower to support their smooth operations.
So, if you are a managing director or person-in-command of a public limited company, it is compulsory by the law to take adequate insurance policies to avoid any unpleasant situations in due course of the time.
Purpose of Employers Liability Insurance
The purpose of taking employers liability insurance is to protect employees in the daily operations of a business activity. In case an employee suffers from any physical injury or death in case of negligence on the part of an employer, claims can be fulfilled by the insurance company.
Friday, May 23, 2008
Employers Liability Insurance
Saturday, May 10, 2008
Insurance For Interim Managers
Who are Interim Managers?
Hiring of Interim Managers is a new concept. This new trend can be defined as filling up the short-term openings in a company to tackle the short-term tactical or strategic challenges. The main thing about hiring interim managers is that there are no obligations with employing executives on permanent employment contracts. In case, you need to involve greater efficiency then approaching a good generalist interim management agency could be the most fulfilling solution.
Interim Managers are very experienced managers/directors or senior executives with a high profile and track record of success. They are responsible for managing a variety of organizational and business situations, contributing project management, leadership and technical or functional skills.
Insurance for Interim Managers
Interim managers’ work is full of heavy risks and accountability. They work really hard to comply with the requirements of the organization. Interim professionals are accountable to the client. In order to protect their rights and interests, many insurance companies have come up with an idea of providing adequate insurance policies. Find out their details and get the best solution.
Friday, May 2, 2008
Contractor Liability Insurance
A company has to face major risks while working in the construction industry. The market is full of risks and challenges and a business entity has to survive in it. The insurance cover provides safety coverage for the company owner as well as for the employees working for him at a third-party site. Taking an effective contractor liability insurance is the best way to cover all the challenges and impediments when a company is working on a contractual basis.
Contractor insurance protects the rights & interests of freelancers as well as for full-time contractors. There can be a lot of unpleasant situations that may arise often leading to nasty court cases. Contractor liability insurance helps in eliminating hurdles or troubles which may cause certain obligations and legal responsibilities.