Public Liability Insurance can help protect you if a third party is injured, or their property is lost or damaged as a result of your business activities.
What does Public Liability Insurance cover?
Quite simply, a Public Liability Insurance policy covers any legal liability your business incurs as part of its business activities. If a third party – such as a customer or business visitor – alleged that they had suffered a financial loss as a result of your business activity, they may take legal action against the company to recover those losses. For example, if a business visitor tripped or fell at your premises and was injured or unable to work, they may sue for damages. Public Liability Insurance cover would help you defend that claim and pay towards the cost of any damages and legal costs. Public Liability Insurance does not cover claims from employees, as they would be covered under an Employer’s Liability policy. Public Liability is typically arranged alongside Products Liability, as part of the same policy.