Public Liability
What is the public liability overview?
Public Liability Insurance provides coverage to businesses and individuals against legal liability arising from third-party injury, death, or property damage due to accidents occurring in connection with business operations. It is especially useful for businesses that interact with the public, either on-premises or through operations.
Key Features Of Public Liability
Key Features:
- Third-party bodily injury
- Third-party property damage
- Legal costs
- Optional extensions
- Customizable coverage
- Fast and efficient claims
Benefits of Public Liability
- Compliance with Legal Requirements. …
- Protection from Financial Losses. …
- Reputation Management. …
- Ensuring Business Continuity.
What is the scope of public liability insurance?
Scope:
This policy covers the amount which the insured becomes legally liable to pay as damages to third parties as a result of accidental death, bodily injury, loss or damage to the property belonging to a third party.
Premises Liability:
Public liability can also be referred to as premises liability when the claim arises from the condition of the business’s property.
What does public liability insurance cover?
Public Liability Cover is designed to offer protection to individuals, businesses and non-commercial organisations against claims for injury or damage, for which they are found legally liable.
What does a liability only policy not cover?
Liability-only coverage does not provide any protection for theft or vandalism of your vehicle. You will need to purchase additional coverage, such as comprehensive coverage, to protect against these risks.
