How health and safety is linked to your insurance bill

Businesses in Britain are believed to receive millions of pounds per year in insurance pay-outs – and when you consider everything from covering yourself against accidentally injuring a member of the public to making sure that you can pay legal fees if you get sued, there are clearly lots of eventualities in which insurance might be useful. However, this doesn’t make the high premiums any easier to cope with – and this means that any way to reduce bills is welcome. In the arena of health and safety, for example, there are several steps that you can take to bring down the cost of paying for insurance.

Run drug tests

When you take out insurance, one of the eventualities that you’re protecting yourself against is the risk of one of your workers doing something seriously wrong and causing loss or injury. If any of your employees are taking drugs, though, then the likelihood of this happening is higher – and this means that the likelihood of a claim is also higher. Running drug tests is one way to demonstrate that you have a healthy and focused workforce, and this may reduce your premiums somewhat. Matrix Diagnostics Drug Testing offers on-site screening kits, which shows just how easy it can be to carry out these tests.[Continue Reading…]