Sole Trader Expenses - Insurance

If you choose to employ anyone, it is a legal obligation to take out an employer’s liability insurance policy, which covers the employer against claims by any employee for injury etc.

If you choose to employ anyone, it is a legal obligation to take out an employer’s liability insurance policy, which covers the employer against claims by any employee for injury etc.

Insurance that you may wish to take out include:

Public Liability Insurance – will indemnify you for your legal liability for injury or death to third parties and damage to third party property as a result of negligent acts by you or your employees.

Professional Indemnity Insurance – will protect you against the cost of defending claims where it is alleged that a client has suffered financial loss as a result of your error, omission or negligence.

For further help, or to enquire about joining our services, please call us on 0845 834 0264 or drop us an email at info@cmjaccountancy.co.uk.

Disclaimer

This information is for general information only. We take no responsibility for any action taken or refrained from in consequence of its contents. Always seek our professional advice specific to your circumstances before acting.