Why do I need gas engineer insurance?
Accidents occur in all industries. It doesn't matter how skilled a professional you are, it's impossible to control all aspects of a project. Gas engineer insurance protects you should an accident or incident occur in the workplace or because of your work. In this sense, it's about protecting your business should anything go wrong.
Fighting a legal case or paying out compensation can have drastic consequences. Without proper protection, you could be left in a perilous financial situation, experience intense stress and strain, or even be prevented from continuing your chosen career. At Park Insurance, we want to ensure this never happens to you.
What types of gas engineer insurance do I need?
As a gas engineer, you need to consider the type of work you do and how that affects your policy requirements. For instance, if you always work alone, you probably don't need employers' liability insurance.
The following list features the main types of insurance you will want to consider:
Public liability insurance for gas engineers
Public liability insurance is arguably the most important type of cover for gas engineers. It covers claims from customers or the general public if your work results in injury or damage. Typically, you insure yourself up to a certain amount, though you can increase this should customers or employers require it.
Equipment insurance
As a gas engineer, you rely heavily on your tools and equipment. Without them, you cannot fulfil your responsibilities and complete scheduled work. Replacing tools can prove costly and put you in a tough financial position. Equipment insurance covers you against loss, theft or damage of equipment, so you know you're protected should the worst happen.
Financial loss insurance
Financial loss insurance covers you should a customer claim that your work was directly responsible for them losing income. When working with something as essential as gas infrastructure, this is an important consideration.
Employers' liability insurance
Employers' liability insurance is a legal requirement if you employ someone who is not an immediate family member. It covers claims from staff in the event they contract an illness or suffer an injury because of their work. For many businesses, employers' liability cover pays for itself many times over. No matter how careful you are, accidents do happen.