What type of insurance is considered mandatory in the UK for employee injury coverage?

Employers' Liability Insurance is mandatory in the UK for covering employee injury. This type of insurance provides financial protection for employers against claims made by employees who suffer from work-related injuries or illnesses. The law requires employers to have at least £5 million of cover, although many choose to obtain higher levels of insurance to protect their business adequately.

This requirement ensures that employees have a safety net if they experience an injury or ill health as a result of their work, promoting a safer workplace overall. The insurance covers legal costs and any compensation that may be awarded, thereby helping to safeguard both employees and employers in the event of a claim.

Public Liability Insurance, Workers' Compensation Insurance, and Property Insurance do not fulfill the mandatory requirement for employee injury coverage in the UK. Public Liability Insurance is designed to cover injuries to the public or damage to their property, while Workers' Compensation Insurance is not a legal requirement in the UK, as it is in some other countries. Property Insurance protects physical assets rather than addressing employee injuries.