Other Business Solutions
What is Public Liability?
What does Public Liability Insurance cover?
- Loss or damage to property of third party
- Injury (including sickness) of third party
- Legal fees, defence cost and other associated costs
How important is Public Liability Insurance?
Who needs Public Liability Insurance?
Although it is our notion that all businesses need a PL policy, it is especially vital for organizations who have interactions with third parties. You will not want your business to inadvertently inflict injuries or cause property damage. It also shows an ethical duty of care as it demonstrates you are carrying out all the necessary precautions for both the public and business’ safety.
How much does a Public Liability Insurance policy cost?
- Number of employees
- Geographic location
- Limits and deductibles
- Claims history
- Risk management policies