Asbestos Removal Insurance
Specialist Insurance for Asbestos Removal Contractors
Finding suitable asbestos removal insurance
can be challenging. Whether your business
undertakes licensed or non-licensed asbestos
work, it is important to arrange insurance
that accurately reflects your activities.
Many standard contractors’ insurance
policies exclude asbestos-related work
or claims, making specialist insurance
arrangements particularly important.
At Edison Ives, we help asbestos removal
contractors throughout the UK explore
insurance solutions tailored to their
business activities, workforce and
contractual requirements.
Request an Asbestos Removal Insurance Quote
Looking for specialist insurance
for your asbestos removal business?
Tell us about the work you undertake,
your licensing status, turnover,
employees, subcontractors and
previous claims history.
Our team will review your requirements
and explore suitable insurance markets.
Why Do Asbestos Removal Contractors Need Specialist Insurance?
Asbestos removal and associated
activities present risks that
differ significantly from
many other contracting trades.
Potential exposures include
accidental damage to property,
injury to employees or third
parties, allegations of
contamination and claims
involving exposure to
asbestos fibres.
Some claims involving
asbestos-related disease
may arise many years
after the work was undertaken.
Standard public liability
and employers’ liability
policies may contain
asbestos-related exclusions,
limitations or special conditions.
It is essential to establish
which activities and liabilities
are actually insured,
rather than assuming
that all asbestos-related
risks are covered.
What Does Asbestos Removal Insurance Cover?
Depending on the insurer,
your activities and the
policy wording, insurance
arrangements may include
the following covers.
Public Liability Insurance
Can provide protection
against certain claims
involving third-party
injury or property damage.
Asbestos-related claims
may be excluded or
restricted unless
specifically addressed
by the policy.
Employers’ Liability Insurance
Can cover certain claims
arising from employees
suffering injury or
illness in connection
with their work.
Most UK employers
are legally required
to hold this cover,
subject to exemptions.
Tools & Equipment Insurance
Cover may be available
for specialist tools,
equipment and portable
business assets used
during insured operations.
Contractors’ Plant Insurance
Insurance may be available
for owned or hired-in
plant and machinery,
subject to the
selected policy.
Professional Indemnity Insurance
May be relevant
where your business
provides professional
advice, surveying,
consultancy or other
specialist services.
Asbestos-related
exclusions require
careful consideration.
Legal Expenses Insurance
May provide assistance
with certain legal
disputes and associated
costs, subject to
policy conditions.
Commercial Vehicle Insurance
Insurance for vans
and commercial vehicles
used by your asbestos
removal business.
Personal Accident Insurance
May provide specified
financial benefits
following certain
accidental injuries,
depending on the policy.
Important: The availability
of these covers does not mean
that asbestos exposure,
contamination, pollution
or asbestos-related disease
claims are automatically insured.
These exposures must be
considered against the
exact policy wording.
Insurance for Licensed and Non-Licensed Asbestos Removal
The nature of the asbestos
work undertaken is an
important consideration
when arranging insurance.
Licensed Asbestos Removal
Businesses undertaking
asbestos work requiring
an HSE licence may
need specialist
underwriting arrangements.
Insurers may request
details of licensing,
procedures, training,
previous contracts
and risk controls.
Non-Licensed Asbestos Work
Some asbestos-related
activities do not
require an HSE licence,
although legal duties
and safety requirements
still apply.
It remains important
to declare these
activities accurately
and confirm their
insurance treatment.
Notifiable non-licensed
work may also be relevant.
The distinction between
work categories should
be established using
applicable HSE guidance.
For further information,
visit the
Health and Safety Executive’s asbestos guidance
.
Key Insurance Risks for Asbestos Removal Companies
Asbestos removal contractors
can face a variety of
operational and liability
exposures.
Third-Party Property Damage
Accidental damage
to buildings, fixtures
or other property
during removal operations.
Asbestos Exposure Claims
Allegations involving
exposure to asbestos
fibres or subsequent
health consequences.
Specialist policy
terms are particularly
important for these risks.
Contamination & Pollution
Incidents involving
the unintended release
or spread of hazardous
materials, which may
be subject to
significant exclusions.
Employee Injury
Workplace accidents
involving equipment,
working at height,
manual handling
or other site hazards.
How Much Does Asbestos Removal Insurance Cost?
The cost of asbestos
removal insurance will
depend on the nature
and scale of your
business activities.
Insurers may consider:
- Whether you undertake licensed, notifiable non-licensed or other non-licensed asbestos work.
- Your annual turnover and payroll.
- The number of employees and subcontractors.
- The types of premises and sites where you work.
- Your previous claims history.
- Your training, qualifications and risk management arrangements.
- The liability limits and additional covers required.
Specialist activities
and higher-risk work
may reduce the number
of insurers willing
to offer terms.
Our team can help
present your business
information to
appropriate insurance
markets for consideration.
What Level of Liability Insurance Do Asbestos Contractors Need?
The appropriate level
of liability insurance
will depend on your
activities, contractual
requirements and
potential exposure
to claims.
Public Liability Insurance
Contractors may be
asked to maintain
public liability limits
of £1 million,
£2 million,
£5 million or
£10 million.
However, the liability
limit alone does not
establish whether
asbestos-related
claims are covered.
Employers’ Liability Insurance
Most UK employers
are legally required
to maintain at least
£5 million of employers’
liability insurance,
subject to exemptions.
Many insurers provide
a £10 million limit,
but individual policy
terms must be checked.
Risk Management and Asbestos Removal Insurance
Insurers may ask
for details of your
health and safety
procedures when
assessing asbestos
removal risks.
Relevant information
may include:
- HSE licensing status where applicable.
- Employee training and competence.
- Risk assessments and plans of work.
- Methods of containment and exposure control.
- Use and maintenance of specialist equipment.
- Waste handling and disposal arrangements.
- Subcontractor selection and supervision.
- Previous incidents and corrective actions.
These measures can
help insurers understand
your business, but
they do not replace
compliance with
applicable health
and safety legislation.
Why Choose Edison Ives for Asbestos Removal Insurance?
Asbestos removal
insurance requires
particular attention
to the nature of
the work undertaken
and the exclusions
contained within
insurance policies.
At Edison Ives,
we take time to
understand your
operations and
insurance requirements
before approaching
suitable markets.
We aim to provide
straightforward advice,
competitive quotations
where available
and a personal
service throughout
the insurance process.
Our team can also
assist with policy
renewals, changes
to business activities
and insurance enquiries.
Looking for Asbestos Removal Insurance?
Whether your business
undertakes licensed
or non-licensed
asbestos work,
our team would
be happy to discuss
your requirements.
Speak to Our Asbestos Removal Insurance Team
Contact Edison Ives
to discuss your
asbestos removal
insurance requirements.
Call us on
0113 390 4646
Or email
info@edinsure.co.uk