Glossary entry

English term or phrase:

Residual employers\\\' liability

English answer:

Employers\' liability remaining after other sources of cover are exhausted

Added to glossary by Empty Whiskey Glass
Dec 1, 2016 09:57
7 yrs ago
11 viewers *
English term

Residual employers\' liability

English Law/Patents Insurance
I am translating a certificate of insurance and this term appears in it, however without much context.

Thanks in advance!

Responses

+3
1 hr
Selected

Employers' liability remaining after other sources of cover are exhausted

This term seems to generally appear together with "excess" as an option for extra cover. It seems to be the employers' liability remaining after other sources of cover are exhausted, i.e. after provision by the state or other insurers of health services and accident compensation.

ec.europa.eu/competition/sectors/.../interim_report_24012007.pdf
- residual employers' liability where there is state provision of primary employee cover. Legal liability for death, bodily injury or damage ...

https://www.sec.gov/Archives/edgar/data/1586300/.../d665140d...
Global Public Liability Inc. Residual Employers' Liability & Excess Auto Liability (AIG Toronto).
Peer comment(s):

agree Roni_S : Yes, it's supplemental to statutory cover. Roni
1 hr
Thanks Roni
agree Armorel Young
3 hrs
Thanks Armorel
agree Tina Vonhof (X)
4 hrs
Thanks Tina
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4 KudoZ points awarded for this answer. Comment: "Thank you!"
+1
35 mins

A kind of insurance policy for employers

An insurance policy that protects employers from liabilities arising from disease, fatality, or injury to employees resulting from workplace conditions or practices. Some jurisdictions make it compulsory for employers to buy such insurance

Read more: http://www.businessdictionary.com/definition/employer-s-liab...
Peer comment(s):

neutral B D Finch : Your answer omits any mention of "residual", which is probably the Asker's main problem.
51 mins
agree acetran
1 hr
Thank you!
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