Was he mis-sold?

rosiedee

My OH, who is self employed, has just found out it's no longer compulsory to have Employers Liablity insurance as he is a 'one man band', this came into effect on 28th February 2005, have checked this out with HSE and he fits the criteria for exemption. My question is should his insurance company have pointed this out to him when it came into effect? Has he been mis-sold for the past 2 years?

He has been with the same company for 20 years.

dunstonh

My question is should his insurance company have pointed this out to him when it came into effect?

No.

Has he been mis-sold for the past 2 years?

No.

Insurance companies provide the products but they do not provide the advice. If your husband bought direct or used an execution only broker then it is his responsibility to know. If your husband used a broker for advice then the broker is responsible.

rosiedee

He does use a broker. They advised him he needed Employers Liability insurance when he became a limited company a few years ago. Should they not have informed him when this was no longer a compulsory requirement?

Quentin

Employers liability has not been compulsory for limited companies only employing their owner (as long as he has more than 50% of the shares) since January 1999.

He should keep his certificates for the years he took out the insurance for many years (40), just in case he develops any work related illness over the years that can be traced back.