Employers’ Liability Insurance: Legally required for any Ltd company with employees. Minimum coverage is £5 million. Fines for non-compliance reach £2,500 per day.
Public Liability Insurance: Not legally required for most Ltd companies, but nearly always contractually required by clients, councils, and venues. Covers third-party injury and property damage claims.
Professional Indemnity Insurance: Required for regulated professions including financial services, legal practices, and some engineering roles.