What is public liability insurance, and do I need it?
If you own or manage a business, public liability insurance will help you to keep yourself, your employees, and your company safe from financial losses. It offers protection in the event that a member of the public or their property is harmed during the course of you providing your goods or services.
What does Public Liability Insurance cover?
• Compensation claims: The cost of claims resulting from injury to a third party or damage to their property. Geographical, excess and cover limits may apply
• Cost of repairs: The cost of repairs to property damage caused by your work. Geographical, excess and cover limits may apply
How do I know if I need Public Liability Insurance?
Public liability insurance isn’t a legal requirement, however it may be sensible to get covered if one or more of the following circumstances apply to your business:
• Your business frequently comes into contact with members of the public
• The activities carried out by your business could impact members of the public
• Your business could not afford to pay legal fees for a potential compensation pay-out if a claim is made against you
• Your industry regulator or trade body requires a minimum level of cover for your membership
• Your clients or customers require a minimum level of cover before signing to work with you
