The UK construction industry is a dangerous business and, as an employer, you can’t be too careful when it comes to insuring yourself against the costs of liability. The sector consists of 5% of the country’s workforce but is accountable for 9% of all work related injuries in the UK. There is also a high number of cancer cases arising each year (around 5000) due to exposure to harmful substances (largely asbestos) whilst working in the construction trade. It’s a risky business, with the potential for harm to come to both your employees and the public. Fortunately, insurance companies are available to provide you cheap liability insurance regardless of the size of your construction business. Paying a monthly or annual rate (plus an excess if a liability claim is ever successful) is far cheaper than taking a gamble and hoping that you won’t ever have to pay out a large sum.
