Covers the cost when the work injures somebody else or damages their property. Set at £5,000,000 because commercial sites normally require it in the contract; turnover this size comes with bigger jobs.
What the books say this business needs, against what it is on record as holding. Only the lines marked required by law are a legal duty. The rest set out an exposure for the customer to decide about. This is the statement of demands and needs, and every line opens to say what put it there.
| Cover | Position | Held now | Indicated | Indicative, monthly |
|---|---|---|---|---|
|
Employers' Liability
required by law
WhyThis line rests on something the engine worked out, not on something the customer has confirmed. Wages are going out of the ledger, so at least one person is employed. A ledger cannot show how many, so the headcount still needs confirming. The Employers' Liability (Compulsory Insurance) Act 1969 makes cover a duty from the first employee and sets the floor at £5,000,000. Most policies are written at £10,000,000. Last set on 1 Jul 2022. fired by people.employees, people.labourOnlySubcontractors |
held | £10,000,000 | £10,000,000 | £3.90 to £6.10 |
|
Public Liability
exposure
WhyThis line rests on something the engine worked out, not on something the customer has confirmed. Covers the cost when the work injures somebody else or damages their property. Set at £5,000,000 because commercial sites normally require it in the contract; turnover this size comes with bigger jobs. fired by trade.primary, operations.locationTypes, financials.turnoverBand |
not held | nothing | £5,000,000 | £20.15 to £31.52 |
|
Professional Indemnity
exposure
WhyThis line rests on something the engine worked out, not on something the customer has confirmed. Covers the cost when advice, a design or a piece of professional work loses a client money and they come after it. The level is sized to the contracts this business is likely to be signing. A liability limit pays in full up to the limit and nothing above it, so this is not a proportional shortfall like an under-set sum insured. It is the point at which a large claim stops being covered, and the limit was last set in March 2024. Last set on 1 Mar 2024. fired by trade.primary, financials.turnoverBand |
below indicated | £1,000,000 | £2,000,000 | £57.47 to £89.90 |
|
Legal Expenses
recommended
WhyThis line rests on something the engine worked out, not on something the customer has confirmed. Covers the legal bill when there is a dispute. Once there are staff there can be an employment tribunal, which is the most common legal expenses claim at this size of business. fired by people.employees |
not held | nothing | – | £4.29 to £6.71 |
These are the things the engine worked out rather than was told, and each one changes an answer further up. Answering one turns it from something read off a ledger into something the customer has said, which is what stops cover being sold against a wrong guess. Every card says what it changes.
Nobody typed any of this in. Every number above came out of one of these reads, and every fact carries where it came from and how sure the engine is about it.
Filed SIC code 82990 carries no trade information; classified from the website instead.
£1,030 to £1,611 a year across 4 products. A band, not a quote.
Anchored on Admiral Business's published Public Liability rate of £6.07 a month (single carpenter, £1,000,000 cover, as at 22 April 2026). Employers' Liability: 1 employee at £5 for the first and £3.5 thereafter, × 1.00 trade risk. Public Liability: £6.07 anchor × 0.7 trade risk × 1.6 cover level × 3.8 turnover. Professional Indemnity: £13.5 at £250,000 × 2.8 cover level × 1.95 turnover (dampened). Legal Expenses: flat £5.5. Band is ±22%.
A CSV exported from a bank or an accounts package. It is read in the request that carried it and thrown away when that request ends, and the file itself is never written down. The engine says what it made of the columns before it uses any of it, and anything the file cannot settle for itself is asked rather than assumed.
Choose the second option for an expenses sheet, where every amount is positive and nothing in the file says which way the money went. No export to hand? Take a sample, which is a fictional trade's year.
Illustrative only. This is a statement of demands and needs based on public records and information you confirm, not a personal recommendation or a quote. Prices are banded estimates derived from published rates and are not an offer of cover.