Public/Products Liability

No matter how big or small your business is, a legal liability claim can come at a great cost, even if you’re not at fault.

Public Liability Insurance helps protect your legal liability to third parties, including clients, customers and the public for injury or damage to their property, caused by the business. It will generally pay for the costs of investigating, defending and settling claims, as well as any compensation payment you are found liable to pay.

While Public Liability Insurance isn’t mandatory for most businesses, it is considered essential and recommended for all companies. That’s because of the unpredictable nature of accidents making them hard to prevent – and the costs of being sued can be extrodinarily high.

If your business makes, assembles, grows, promotes or supplies products to individuals or companies, you should consider Product Liability Insurance. It’s designed to provide indemnity to you for claims arising in respect of the nature, condition or quality of goods manufactured, sold or supplied by you.

Product liability is usually part of a public liability policy. It can help cover you against the cost of investigating and defending your business against a claim made against you and your product. It can also cover the cost of any damages awarded to a customer if your business is found to be at fault.

Talk to us today about how we can help you!