Don’t Let Asbestos Risks Derail Your Business
A Guide to Asbestos Risks
Asbestos, a naturally occurring mineral fibre, was widely used in construction materials until the late 20th century. Understanding the difference between white, blue and brown asbestos (amongst others) is important when advising clients on their requirements. Unfortunately, exposure to asbestos fibres can cause severe health problems, including lung cancer, mesothelioma, asbestosis and plural plax. Therefore, safe and proper asbestos removal in accordance with the regulations is essential when dealing with older buildings or structures. At Insurance Experts we pride ourselves in providing insurance cover for industry sectors that are more difficult to secure cover for. Hence the introduction of our insurance advice and cover services for licenced contractors and surveyors undertaking asbestos removal or surveys.
Why is the Asbestos risk so high?
For companies offering asbestos removal, even a single incident of illness or injury can have devastating consequences. Without proper insurance, your business could face:
- High medical costs: Asbestos-related illnesses affecting employees and other members of the public often require extensive treatment, leading to significant financial burdens.
- Legal fees: If a worker or member of the public develops an asbestos-related illness, they may file legal action against your company. Legal defence and potential settlements can be extremely expensive.
What type of insurance for Asbestos removal is required?
At Insurance Experts, we understand the challenges faced by businesses involved in asbestos removal. That’s why we’ve developed a comprehensive Asbestos Removal insurance solution specifically to your needs. The list of covers available is not exhaustive but usually includes:
- Employers’ Liability Insurance: Protects your business from claims arising from employee injuries or illnesses related to asbestos exposure.
- Public Liability Insurance: Covers claims made by third parties who may suffer injury or property damage due to your asbestos removal activities.
- Pollution Liability Insurance: Provides financial protection in case of accidental asbestos contamination.
- Plant and Machinery Insurance: Protects your equipment used in asbestos removal from damage or theft.
The Benefits of Partnering with Insurance Experts
If you choose to seek advice and cover from our asbestos insurance team you will benefit from the following:
- Customised Advice: Our experienced brokers will assess your specific operations and create an insurance policy that meets your business’s unique needs.
- Competitive Rates: We leverage our strong relationships with leading insurers to negotiate the best possible premiums for your business.
- Unbiased Expertise: As an independent broker, we’re not tied to any single insurer. This allows us to provide unbiased advice and secure the most suitable coverage for your needs.
- Ongoing Support: Our team provides ongoing support, including risk management guidance and claims assistance with access to a knowledgeable expert witness and a track record of successfully defending clients.
Safeguard Your Business from Asbestos-Related Risks:
Protect your business with comprehensive Asbestos Removal Insurance. Contact our team for tailored solutions, expert guidance and a free quote. Call 01245 500433 send an email or complete outline form
