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INSURANCE
PREMIUMS RISE BETWEEN 50% TO 2000%
CREATING A CRISIS IN BRITAIN’S
BUSINESS SECTOR
With the ongoing turmoil in the employer’s
liability insurance market, it is essential
that all potential clients contracting
with security companies check their insurance
cover to ensure: (a) it covers their risks
and liabilities and (b) the amount of cover
is adequate.
Inextricably linked to insurance is the
fact that under the insurance cover all
security officers must have been screened
and vetted, for ten years, in accordance
with British Standard 7858 and have completed
the minimum four day Basic Job Training induction
course approved by Skills For Security. Failure on the
behalf of any security company to comply
with these requirements will mean that
the company/employee concerned will not
be covered by the insurance policy whilst
on duty.
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