Legal Updates

Commercial: Compulsory Employer Liability Insurance

From 28 February 2005, the rules requiring compulsory employer liability insurance to protect employees will be changed. A sole trader who has no employees would not have to take out this insurance because he obviously has no employees. However, from this date, any employer which is a company with only one employee will not have to take out employer liability insurance if the employee owns at least 50 percent of the company's issued share capital.

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© RT COOPERS, 2005. This Briefing Note does not provide a comprehensive or complete statement of the law relating to the issues discussed nor does it constitute legal advice. It is intended only to highlight general issues. Specialist legal advice should always be sought in relation to particular circumstances.