It will also examine what more employers can do to meet their obligations to maintain
employers' liability compulsory insurance.
An important part of this is reduced
Employers' Liability Compulsory Insurance (ELCI) premiums in return for good workplace health and safety practices.
The Department of Work and Pensions' (DWP) two-stage Review of
Employers' Liability Compulsory Insurance examined the problems a series of sharp rises in the cost of premiums had caused to Britain's business community.
Sole traders could save hundreds of pounds a year when new rules governing
employers' liability compulsory insurance (ELCI) come into force next week.
Small firms pressure group the Forum of Private Business says that
employers' liability compulsory insurance premiums have increased by 400% and it is concerned that the proposals will lead to even higher costs for small businesses.
Under current law, all companies must take out costly
Employers' Liability Compulsory Insurance (ELCI).
And in the context of
employers' liability compulsory insurance, more could be done to minimise the effects of illness caused or made worse by work activities.
Small businesses that only employ their owner will no longer have to buy
employers' liability compulsory insurance, following a wide-ranging consultation on whether to remove the requirement.
The DWP Review of
Employers' Liability Compulsory Insurance was published in June 2003 and was followed by a second stage report in December.
It combines
employers' liability compulsory insurance (ELCI) with public liability and risks to buildings and machinery.
Businesses in the West Midlands have reported 400 per cent rises in their
Employers' Liability Compulsory Insurance costs.
Employers have been required to insure employees since the
Employers' Liability Compulsory Insurance Act 1969 came into force on January 1 1972.
