Insurance for Electricians – Cover yourself against accidents

Electricians work in a risky area where unfortunately, accidents can happen.  Electricians work with electric wires, transformers, power transmitters and other electrical items which can carry a large degree of risk.  If you work as an electrician, it’s important to be aware of the risks involved with your work and make sure you’re properly covered by an appropriate insurance package.

Accidents that impact on you

Because of the risky nature of electrical work, you are open to a number of accidents including slips and falls, back injuries, knee injuries or electrocution.  Some of these could mean you have temporary expenses to do with immediate medical bills, while a serious accident could see you unable to work for a significant period of time.  For this reason, it’s important to protect yourself against the unexpected.

For electricians, it’s important to consider taking out Personal Accident and Illness Insurance.  If you’re unable to work due to an injury or illness, you will be provided with regular payments so you’re able to keep up with expenses and maintain your lifestyle.  These payments will last until you can return to work or a maximum benefit period is reached.  This policy gives you peace of mind and ensures you will be able to survive financially following a serious accident.

If you have employees working under you, they may also find themselves unable to work following an accident.  Therefore, you may want to consider Workers Compensation Insurance which means the insurer will reimburse you for the employees wage if they file a workers compensation claim which is accepted.

Accidents that impact on others

Accidents can also impact on others and as an electrician, you may find yourself in a situation where you have injured somebody else or damaged somebody’s property.  Things can go wrong no matter how careful you are and if you’re found liable for damage, you could be required to pay a significant amount of money for medical bills, rehabilitation, repairs or replacement.  For this reason, it’s important to have Public Liability Insurance in place.  This will protect you financially from any damage to property or another person that has occurred as a result of your work.

Another important consideration for electricians is that you are responsible for the work you complete and could be found liable for incorrect installation or faulty products.  Product Liability Insurance can protect you against the financial cost of this type of situation and is sometimes combined with your Public Liability Insurance.

These are just some of the insurance policies that can assist electricians protect themselves against all types of accidents and you should speak to your insurance broker for more specific policies.