Protection For When You Need It Most
Ultima Insurance are pleased to launch our policies that are specifically tailored for the growing industry of Fire, Sprinkler and Alarm installation and Maintenance. We all know the risks involved when working on properties, whether it be a personal home or a multi story building, having the correct cover is essential.
At Ultima Insurance we are able to offer a complete package tailored to your needs, whether it be Liability Insurance, Tools or Hired in Plant. We have access to specialist markets and a dedicated staff to help you.
Our policies are also able to cover you for more than the usual. Need more than 10 Meters height, No problem, we are also able to cover you for the more unusual place that most insurers are unable to quote for.
Public Liability (or PL Insurance as it is sometimes known), covers your liability for any damage you may do to another person – or property – accidentally whilst undertaking work.
This could be a simple accident such as someone falling over your computer cable through to more serious issues that could leave people scarred or disabled for life.
Public Liability Insurance should be considered essential if members of the public or customers visit your premises or you travel to your customer’s premises.
The risks of not having PL Insurance could be catastrophic to your business as PL claims can be substantial if you are liable for them.
Employers Liability (or EL Insurance as it is commonly referred to), covers you for any injury to any employee or any person that you give instruction to.
This could be as easy as someone slipping down the stairs due to them being wet or you ask someone to climb that ladder and they fall off. Injuries to your employees can go much further to major injury or even death.
Employers Liability IS required by LAW.
You can be fined up to £2500 per day if you are found to be without suitable insurance.
If you do not display the certificate of insurance or refuse to make it available to
HSE inspectors when they ask, you can be fined up to £1000.
Efficacy is defined as the capacity to cause an effect.
If a part or product does not do what it is supposed to, and lets say production stops or is diminished, then there is no product liability loss.
It is the failure of the part to perform it’s intended function that has caused the loss.
Is Efficacy Insurance required by Law? No. As to date, this has not been made a mandatory cover for industries where this cover is needed the most.
This cover is however considered essential for all business where the products they install could fail and have repercussions from their said failure.