What is Statutory Liability?
Statutory Liability protects you, your business and your employees against unintentional breaches of statutory acts. This can include fines, penalties and defence costs incurred.
Please note: in regards to the Health and Safety in Employment Act, the legislation does not allow for insurance to cover the fine, only the reparation payment and defence costs.
Why do I need Statutory Liability?
Defending a claim under a Statutory Act can be hugely expensive and most of the departments that administer these acts can't automatically settle or agree to a fine... most cases proceed to court to be defended.
If you were in this situation, how would you pay your legal costs and any subsequent reparations?
Contact us to let us know more about your business, so that we can assess what policies you actually need and customise the best insurance package to protect your business.
The material contained on this website is provided for general information purposes only and does not constitute legal or other professional advice. Brave Day Limited does not accept any responsibility for any loss which may arise from reliance on information contained on this site.