Employer’s Liability Insurance

In addition to complying with the labor laws of your country of residence, you must also have Employer Liability Insurance or Workers Compensation Insurance. This reduces the amount of money an employer has to pay for a large civil or moral consideration at one time.

Email: mkt.tpe2ww@evershinecpa.com
Or
Dale Chen General Manager
Mobile: +886-933920199 in Taiwan;
TEL: +886-2-27170515 E100

Employer’s Liability Insurance

The Concept of Employers’ Liability Insurance

Employer’s liability insurance is a kind of liability insurance that covers the insured person’s financial liability under the law or the employment contract for injury, disability, death or occupational disease caused by accident while the insured person is engaged in the business of the employer.

Employer’s liability presupposes that there is a direct contractual relationship between the employer and the employee.

Employer’s Liability Insurance Coverage

The employer is responsible for the financial compensation for the employees in the liability accident according to the law. The main causes of such compensation are various kinds of accidental work accidents and occupational diseases.

2、The relevant legal fees and so on

Employer’s liability insurance compensation

The compensation limit for employer’s liability insurance is based on a certain number of months of wages for each employee.
When an employer’s liability insurance policy arises, each employee is only covered up to his or her own limit of compensation.

Compensation amount = the employee’s compensation limit x the relevant percentage of the compensation limit.

If the insurance liability accident is caused by a third party, the insurer will still apply the principle of assignment of rights and interests to the claim.This means that you can recover on your behalf after a claim is made.

Additional Insurance for Employers’ Liability Insurance

1、Additional Third Party Liability Insurance

Covering the insured (employer) against legal liability for bodily injury or property damage caused by the insured’s (employer) negligence or wrongful act to others than the employee.

2、Employees third party liability insurance

Covering the financial liability of the employer in accordance with the law for any injury to a third party caused by the negligent acts of the employee in the course of his official duties.
3、Additional medical expenses insurance

Insurance to cover medical expenses incurred by the insured person’s employees due to sickness, etc. during the period of insurance.

Taiwan for example:https://twworkforce.com/2019/03/23/occupationalinjury/

Occupational accidents are always the last thing that employers and employees want to happen. For employees, they may face a long process of treatment and rehabilitation, and more importantly, they may lose their ability to work during the occupational accident, leading to financial problems for their families.

For employers, since liability for occupational injuries is “no-fault”,. As long as the disaster is related to a worker’s business, the worker is liable for compensation for injuries or illnesses resulting from the disaster, whether or not caused by the employer’s negligence, until treatment is terminated.

Contact Us：

If you would like to know more about our services, please contact us:

Email: mkt.tpe2ww@evershinecpa.com
or
Phone:
Evershine BPO.tpe – Taiwan Evershine Cooperative Network Service Co.
6F, No. 378, Changchun Rd.
MRT Wenhu Line and Songshan Line Intersection Nanjing Fuxing Station, near Brother Hotel
General Manager in Taiwan+China+UK;Patent Attorney;M.B.A. & Ph.
Mobile: +886-933920199 in Taiwan; Mobile: +86-139-1048-6278 in China
TEL: +886-2-27170515 E100 ; Wechat id:evershiinecpa;
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