Do you have insurance?
Scaffolding is a highly hazardous business. Consider all of the dangers inherent in your day-to-day job. Consider who is at risk: you, your team, contractors, and members of the general public. There are hundreds of things that could go wrong when you put up and take down the scaffolding. With so much going on, anything is possible at any time. While it is possible to reduce most of these risks, some are completely out of your hands. However, your business may be held financially liable without insurance if you cause an accident. Insurance is a backup plan in case something goes wrong.
Every scaffolding business should have proper insurance. The scaffolding in Swansea team provides a safe and secure platform for individuals working at heights. We implement a high level of support, structure, and know-how when building scaffold insurance and risk management solutions. All scaffolding is the responsibility of the client from the time it is installed until the time our team collects it. We may charge the client for any scaffolding that has been lost or damaged during the rental agreement.
Scaffolding insurance is made up of several different types of insurance. It is because each insurance covers an additional risk. Commercial general liability insurance covers any physical injury, personal injury, and property damage caused by a business’s work or products. This insurance is called commercial general liability insurance. It also pays for injuries that happen on the business’s property. General liability coverage has different deductible amounts. You can defend yourself outside of your policy limits in general liability insurance. It means that any legal fees and court costs won’t eat away at your clients’ policy limits. If you are found to be legally responsible for the injury or damage claim, public liability insurance will help to pay the financial cost.
While if an employee is ill or injured while on the job, worker’s compensation insurance will cover the costs. The policy may cover an accident on your client’s scaffolding. Employees who are injured on the job are entitled to compensation for medical expenses, lost wages, and vocational rehabilitation. If an employee died due to an illness or injury, death benefits might be paid out to the employee’s surviving family members. Employer’s liability insurance can help cover the financial loss to the employee if you are found to be legally responsible.
The physical assets of a company are safeguarded by property insurance. Equipment, materials, and tools are examples of physical property. Damage caused by flooding and earthquakes is covered in most states. If you experience a loss of income or incur additional expenses, you may be able to receive further compensation through the use of speciality insurance. Off-site property, such as that in transit or on a job site, may be included in the scope of the policy.
For reliable service, visit our scaffolding Swansea team. We provide an extensive and comprehensive policy tailored for different budgets.