Free tool

Insurance cover checker

A starting point for the minimum insurance cover to ask a supplier for, based on the work they do and the contract value. Adjust to your risk appetite before you send it.

Who this is for and what it solves

Who this is for
  • Procurement, ops and compliance leads setting supplier requirements
  • Contractors and consultants sanity-checking what a client is asking for
  • Founders writing their first proper supplier onboarding pack
Problem it solves

Every buyer picks insurance minimums out of thin air or copies a competitor's. This gives you sector- and value-appropriate PL, EL, PI and cyber figures grounded in typical UK client expectations, so your onboarding email lands as considered rather than arbitrary.

Sector
Contract value
Recommended minimum cover
  • Public liability (PL)£5m

    Third-party injury or property damage caused by the supplier's work.

  • Employers' liability (EL)£10m (UK statutory minimum £5m)

    Legally required in the UK for anyone with employees. Ask for it even from small contractors.

  • Contract works / all-riskMatch contract value

    Covers the works themselves against damage before handover. Confirm the sum insured matches the project value.

Guide figures based on common UK client expectations. Not financial or legal advice - confirm with your broker for regulated or high-value work.

How it works

  1. Step 1
    Pick the sector

    Construction, IT, professional services or general supplier - each has a different cover mix.

  2. Step 2
    Pick the contract value

    Larger contracts usually mean higher public liability limits and, in construction, contract works cover.

  3. Step 3
    Copy the recommendation

    Paste it into your supplier onboarding email or spec. Then check the certificate they send back matches.

Questions and answers

Where this tool stops

Knowing the number is easy. Proving it every day is not.

A rule of thumb tells you what cover to ask for - it can't tell you which of your live suppliers has actually got that cover in place, or when the policy lapses next month.

Credbase reads each supplier's certificate, checks the cover level against your rule and flags anyone who falls short or is about to expire.

This tool is a plain-English guide for teams handling third-party paperwork. It is not legal, insurance or compliance advice. Confirm specifics with the counterparty or your own adviser before you rely on any output.