The financial and legal risks facing the rural community have never been greater. Customers, employees and suppliers are increasingly willing and able to make claims, and investigations by UK regulators including the HSE, Environment Agency and HMRC are more robust and commonplace than ever before.
Finding a bespoke type of management liability insurance specifically designed to protect the interests of the farming and rural community has been a challenge for many businesses, until now.
This bespoke rural liability insurance provides cover for both the business and personal liability of the owner, partner or director in the event of an allegation or investigation. The policy provides cover for the legal representation costs plus any award made and is tailored to reflect the specific risks and particular circumstances faced by farmers and rural business owners and managers.
Rural insurance for farm partnerships and sole traders
Whilst protection for Directors of Limited companies has been available for many years, this unique product will also cover Farm Partnerships and Sole Traders in addition to Directors meaning that all types of farming and rural businesses can be protected against the increasing litigation and regulation they face.
A specialist type of rural insurance
Key features of this specialist type of Management Liability include:
Legal Costs, Awards or Settlements for any claim or regulatory action brought against any past, present or future director, partner, owner or employeeCovers all regulators in the UKStandard cover includes Company cover – claims made against the business as opposed to an individualDoes not contain a “prospect of success” clause unlike Legal ExpensesInvestigation and defence costs are covered, plus awardsAccess to rradar – a specialist law firm providing a risk management service to underpin your insurance policy.To find out more about liability insurance for farmers or for a free quotation, contact the dedicated Rural Protect insurance team at H&H Insurance Brokers on 01228 406290 or email us with your query
At an industry ceremony held at The Brewery in central London last week, Carlisle-based H&H Insurance Brokers scooped up the award for Marketing & Customer Engagement, coming first in a highly competitive field.
To support insurance professionals who wish to set up their own insurance brokerage, leading rural insurance brokers, H&H Insurance Brokers (HHIB) have launched an Appointed Representative (AR) scheme.
