When it comes to trades like construction, plumbing and electrical there are unique risks associated with people and property.
For these businesses liability can become an issue in the event that there is any damage to property as a result of the work being done.
As well as business assets cover, any tradesman or trade company should have some form of liability cover to protect their business from unavoidable risks. In many situations general liability cover is required before a tradesman can work on site or secure a contract.
There are three important types of liability insurance that may be relevant for a trade business.
These include general liability, employer liability and statutory liability.