Jargon Buster

We’re committed to helping our customers understand insurance. Here’s a list of common words and phrases you will come across in your policy and when making your decisions.
All | A B C D E F I L N P R S U V
There are 5 entries in this directory beginning with the letter E.
Employers Liability Insurance
This covers employers for the costs of compensation claims resulting from their legal liability to employees for injury, illness or disease sustained at work. With some exceptions this is a legal requirement within Great Britain.
Endorsement
A document that amends, alters or changes the cover provided by the standard policy wording or the details contained in the policy schedule.
Excess
The amount you must bear yourself, before the insurers pay your claim.
Exclusion
Within a policy this is the provision which excludes an insurer’s liability in certain circumstances or for particular types of loss.
Extensions
Where a policy is specifically extended to provide wider cover than the standard policy wording.

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BHIB Councils Insurance is a trading name of BHIB Limited. Registered office is AGM House, 3 Barton Close, Grove Park, Enderby, Leicester, LE19 1SJ. BHIB Limited is registered in England and Wales number: 829660 Authorised and regulated by the Financial Conduct Authority. We are covered by the Financial Ombudsman Service. You can find out more at www.financial-ombudsman.org.uk.

BHIB Limited also provide risk management services and guidance which is not regulated by the Financial Conduct Authority. Any protection provided by the Financial Ombudsman Service or the Financial Services Compensation Scheme does not apply to this specific business activity and we will inform you of this before undertaking the business activity.