Web Publisher Insurance
Web publishers are responsible for maintaining a website by publishing regular content, editing, formatting, and approving it to go onto the company’s website. This content can come in articles, blogs, and any multimedia to create a wider audience and expand the business’s client base. The web pages must be written promptly, their content must be consistent, and there must be evidence of an increase in revenue. If this is your line of work, you should seriously consider web publisher insurance.
If you would like to read more information or learn more about the pricing of business insurance, you can do so here.
What is Web Publisher Insurance?
web publishing can often be subjective, so what one person may think will work may not. Web publisher insurance is a way of safeguarding a publisher against these risks that may cause financial harm and any other expenses regarding claims.
Types of Web Publisher Insurance
-
Public liability insurance
Public liability insurance protects a web publisher against claims that a third party was injured due to their services or damaged property. As a publisher, regular meetings are arranged with clients to discuss what type of content should be uploaded, whether it is approved and how the company is developing regarding profit growth and customer increase.
This allows the opportunity for accidents to happen in the workplace, resulting in claims against the company; any trips, slips, or falls are ordinary, but customers could hold the web publisher liable and claim compensation for their injury and upset. Similarly, if the publisher were in a meeting and spilt a liquid beverage over one of the client’s computers, they would be expected to replace their destroyed property. Public liability insurance would provide a payout, with policies usually starting at £1 million to ensure ample cover in the case of any incidents.
2. Professional indemnity insurance
Professional indemnity insurance covers claims of negligence and professional errors that cost the client financial loss. A web publisher’s ultimate goal is to increase revenue exponentially by posting content for several audiences so that more potential customers are interested in the company. Unfortunately, this company development can only be predicted and not guaranteed, as campaigns often do not end in the same result as initially predicted.
When this is the case, a client may hold the publisher responsible for not producing good quality content and up to their standard, thus expecting compensation. Similarly, suppose the publisher made errors like issuing incorrect information or lousy formatting. In that case, this may affect the accuracy and reliability of the client’s company, and they would likely file a claim. Professional liability insurance covers all of these mistakes, allowing the web publisher to explore their creativity without the worry of failure.
3. Business building and contents insurance
Business building and contents insurance can aid a web publisher when there is damage to the property’s infrastructure and even the fittings and furniture inside it. It is virtually impossible to meet clients and develop a strategy without an office, making it difficult to complete work to a high standard and develop the business.
If a fire or flood destroyed the building and everything inside it, the web publisher would likely have to postpone all work until the property was reconstructed and the contents replaced, losing mass revenue and costing the company thousands of pounds to fix.
With insurance, most of these costs can be covered depending on the level of cover in the policy: a building worth £200,000 would cost around £220 to insure annually, whilst a building worth £500,000 may be close to twice as much. Water-related damage is the second-most common type of claim filed, making the insurance cost-effective and worthwhile.
4. Employers’ liability insurance
Employers’ liability insurance helps with claims when web publishers say they have been injured on the job and their company is responsible for the accident. This is common in the workplace, with workers tripping over equipment on the floor, slipping on wet surfaces, dropping things on their foot or suffering head injuries from unstable shelves.
However, these incidents aren’t usually fatal. They can sometimes cause severe pain and require medical attention. Furthermore, some bodily injuries can be sustained from long-term causes like eye problems from working on computers for too long or repetitive strain injury from typing all day.
Employers’ liability insurance covers lost income for a certain period and medical treatment for accidents that happened due to the job so that the company does not suffer monetary loss, and neither does the employee.
Web Designer Insurance – To Conclude
The job of a web publisher is exciting, with salaries ranging from £20,000 for beginners to exceeding £40,000 for specialists. Preserving this hard-earned wage is imperative, and with the help of insurance, this can be done so that any extra costs can be covered.
Find out more about the importance of insurance here.
Other useful links about Business Insurance:
Professionals Insurance
Project Manager Insurance
Property Manager Insurance
Remember to Compare Your Business Costs is here to help your business every step of the way from business advice, or saving you time and money on your business purchases such as:
Ally Cox is a dedicated Copywriter and Blogger for CompareYourBusinessCosts.co.uk. In under two years, the platform achieved the esteemed accolade of ‘Website of the Year’. Since its award-winning debut, Ally has been instrumental in fostering organic growth for the website, expanding its offerings to encompass comparisons across a diverse range of over 20 products to help serve all your business needs.