While employer liability insurance protects against issues that resulted in bodily harm or death, it does not extend to areas such as sexual harassment or discrimination. Employer liability also does not work for issues related to injury or damages to non-employees, such as members of the public.
The cost and scope of employer liability insurance coverage depends on different industries. For example, contracting and construction fields have high risk for personal injury on the job when compared to nurses or computer programming.
Group Employer Liability Insurance With Other Protection
In addition to employer liability insurance, companies will want a plan that offers additional coverage in the event of non-employee accidents. Areas could include pollution, public liability, employment practices or consultant coverage. Depending on the offerings of the wholesale broker, these other forms of insurance could be written into an umbrella plan or taken out separately.
Agents work with wholesale brokers so that the premium and monthly costs for employer liability and other insurance types are kept reasonable. Some brokers also work independently with their own financial branch so that they can personally adjust rates and payback options.
Adco General is a wholesale broker that writes employer liability insurance along with many other types of coverage for Colorado and the surrounding mountain states. The company offers contractors liability plans for more than 300 different professions, like nurses and engineers, and financing options.
