FENSA Business Insurance Services
At FBIS, the policies have been developed and selected with the needs of installers of windows, doors, conservatories and related products in mind. With cover from FBIS, you can enjoy access to a range of policies from the UK’s leading insurers with exclusive preferential pricing, subject to terms and conditions. FENSA works in partnership with Marsh Commercial, the UK’s leading Schemes and Affinity insurance broker, to provide our community of Approved Installers with insurance policies at highly competitive rates,
What Insurance do I need as a FENSA Approved Installers?
All FENSA Approved Installers must have Public Liability Insurance to a minimum value of £2m and Employers Liability Insurance to a minimum value of £10m (if applicable).
As a FENSA approved installer, you are required to cover your legal liability to third parties with public liability insurance (PL).
PL provides cover in the event that you cause injury or property damage whilst carrying out your work. For example, you slip and cause damage to the property’s roof or cladding. PL provides cover for both your defence costs and awards. Even if you think you’re not at fault – defence costs can add up. PL offers cover on these occasions – ensuring you’re covered for both legal fees and compensation payments.
PL insurance policies tend to start at cover limits of £2million. However, if you believe you require higher limits you can speak to the team at FENSA Business Insurance Services (FBIS) for advice. Examples of accidents covered, include:
This can be included as part of your business insurance to provide cover in event of loss or damage to a property due to a product not working in the way that it should.
Employers’ liability insurance (EL) is compulsory by law for most businesses that have employees. As a FENSA approved installer, you require a cover limit of up to £10million.
As an employer, you are considered responsible for the health and safety of any worker under a contract of service. Your liability is for any person to whom you have a legal duty of care – whether or not they are paid or under contract to you. This is why sometimes even sole traders will get EL insurance.
EL provides you with protection should a claim be made against you by past or present employees, volunteers and helpers. If a worker claims you’re at fault for them suffering an injury or illness, they may try to claim compensation from you.
Professional indemnity insurance (PI) is there to provide cover for financial loss suffered by a client due to negligent advice, services or designs you have provided them. PII will cover your legal costs in defending a claim as well as any compensation payable if you are found responsible.
As an installer, you are at risk of delivering faulty design, giving poor advice or accidentally making a copyright infringement. Mistakes happen, but unfortunately your client might suffer financial loss as a result of your actions.
Having PI in place to deal with claims like this is essential to protect yourself and your business – and to reassure your clients.
If your work tools are crucial to carrying out your job, you can take out insurance to cover yourself in the event your tools are lost, stolen or damaged. Cover is available for both hired equipment and your own personal tools. FENSA Business Insurance Services can advise you on the level of cover you need for your tools and equipment.
To discuss your business insurance requirements and to take advantage of our FREE insurance health check service, get in touch on 01905 892 381 or email FENSA@marshcommercial.com
Making a claim doesn’t need to be stressful. Our team is on hand to support you every step of the way, making sure your claim is resolved as efficiently and promptly as possible.
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In the majority of cases, employers liability insurance is a legal requirement if you have employees, this includes employees who work for you on a short-term basis.
The insurance market has been hardening over the last 24 months – which means the demand for cover is not matched by supply. Help and support is available for FENSA members