The Importance of Insurance

Overview

Offices are usually pretty safe places. But still, accidents happen, and people get sick. If one of your employees gets injured or becomes ill because they’re working for you, they’ll probably want compensation. That’s why insurance is so important. Some types of insurance are compulsory and some are voluntary, so it can get a bit confusing.

Employers’ liability insurance is compulsory, so you need to make sure you have an insurance policy that complies with the law. If you don’t have the right insurance, settling compensation can end up being very expensive. You also need to keep your employees informed about how you’re protecting them. This course will help you make sense of it all.

Outline Learning Objectives:

• Recognise insurance legislation and who it applies to in order to successfully follow legal obligations
• Describe the risks of not having insurance that meets legal requirements so you can avoid financial or legal issues
• Identify how to display an insurance certificate correctly so it meets all the legal requirements

Why take this course?

This course is ideal for employers who need to know about protecting their employees at work. You’ll discover what insurance legislation is and if it applies to you and your employees. You’ll also learn the consequences of not having the right insurance, and how to display your insurance certificate in the proper way. It all adds up to help you cover employees and protect your business