Excess Layer Liability Insurance
Excess Liability Combined Insurance offers crucial additional protection for businesses that may face claims exceeding the limits of their standard liability policies. This type of insurance is particularly important for businesses exposed to higher risks, whether due to the nature of their operations, the size of their workforce, or the potential severity of claims. By providing extra financial protection, Excess Liability Combined Insurance ensures your business is covered even in the most challenging situations, allowing you to operate with confidence and peace of mind.
Enhance Your Business Protection with Excess Liability Combined Insurance
Excess Liability Combined Insurance acts as an extension to your existing liability covers, such as public liability, employers' liability, or professional indemnity insurance. In the event of a large claim that surpasses the limits of these standard policies, this insurance steps in to cover the additional costs. This is particularly beneficial for businesses that deal with the public, have a significant number of employees, or provide professional services where high-value claims are a possibility.
Features and Benefits of Excess Liability Combined Insurance
Extended Coverage Limits: Increases the financial limit of your existing liability policies, providing extra protection in case of significant claims.
Customisable Policies: Tailored to your business needs, ensuring that your specific risks are adequately covered.
Legal Cost Coverage: Covers additional legal expenses that may arise if a claim exceeds your primary policy limits.
Peace of Mind: Ensures your business is safeguarded against potentially catastrophic financial losses.
Flexibility: Can be applied to various underlying policies, including public liability, employers' liability, and professional indemnity.
What is Typically Covered?
Excess Liability Combined Insurance typically provides cover for:
Public Liability: Additional protection if a claim from a member of the public exceeds the limit of your standard public liability insurance.
Employers' Liability: Extra cover if a claim from an employee or former employee exceeds your existing employers' liability limits.
Product Liability: Increased financial protection if a claim related to a product defect goes beyond your current insurance limits.
Professional Indemnity: Extra coverage if a professional negligence claim exceeds your primary indemnity insurance.
Exclusions: It's important to note that Excess Liability Combined Insurance usually does not cover claims already excluded by your underlying policies. Additionally, the specific terms and conditions, including exclusions, will vary depending on the insurer and the specific needs of your business. Becks Insurance Brokers will provide full details and explanations of the cover tailored to your business.
Strengthen Your Liability Protection with Becks Insurance Brokers
Safeguard your business against the unexpected with Excess Liability Combined Insurance. For a tailored solution that meets your specific needs, book an appointment with one of our expert brokers here, or request a personalised quote by completing our online form her
