What is refrigeration engineer insurance?
When you work as a refrigeration engineer there are certain risks involved. It’s important to have the right insurance in place to mitigate against claims for damages and compensation for which you are liable and could be made to pay.
What does refrigeration engineer insurance cover?
Refrigeration engineer insurance can include several different types of cover. A good insurer will allow you to tailor your insurance to make sure it reflects your business needs and provides the right kind of protection.
As a rule of thumb, you should consider whether you need certain standard kinds of cover:
- employers’ liability insurance
- public liability insurance
- professional indemnity insurance
- insurance for your tools
You may also want to include accidental death cover.
If you’re not sure what you may need, speak to your insurance company.
What is employers’ liability insurance?
Employers’ liability insurance provides a safeguard against claims made by your employees (or former employees) for injuries or illnesses sustained as a result of working for you.
It is a legal requirement to have employers’ liability insurance if you have any employees or trainees. You may also need it in respect of certain sub-contractors you work with.
What is public liability insurance?
Public liability insurance protects you against third-party claims for damage or injury. It is sometimes a contractual requirement to have public liability insurance. It may also be necessary if you want to join a professional organisation or trade association.
Public liability claims are one of the most common types of claims. They can result in an order to pay thousands of pounds, as well as legal fees.
If you are found to be at fault and can’t pay the amount ordered because you haven’t got insurance, your business and assets may be at risk.
What is professional indemnity insurance?
Professional indemnity insurance protects you in the event you give professional advice or guidance that turns out to be wrong and results in a financial loss for a client. The advice might relate to design, materials, or specifications.
What is tools insurance?
Tools insurance will safeguard your tools in the event they are lost or stolen. Insuring them means you can get them replaced quickly and get back to work.
What is accidental death cover?
Accidental death cover pays out a sum of money to your loved ones in the event of an accident at work that results in your death. The money will ensure your family is able to remain solvent if you are no longer present to support them.
How do I get refrigeration engineer insurance?
Choose an insurance company that has experience of insuring tradespeople, including refrigeration engineers. You can normally get a quote online.