Barclay Brown
Business Insurance
public liability insurance
Public Liability Insurance: What is it? | |
In a society where the first call after an accident happens is often to the solicitor rather than the hospital, public liability insurance is something a small business should take seriously. | Public liability insurance covers claims made against your business, if its owners, directors or employees are shown to be responsible for personal injuries to a third party or damage to property. |
If you deal with the general public for example as a nurse, or a contractor and you are not covered by public liability insurance, included in your general business and buildings insurance then you are strongly advised to take action now. | If your business carries out work in places other than its own premises, the policy should apply to off-site work, as well as on-site. Especially relevant to contractors, personal trainers and nurses. |
What else should I know? | |
Our public liability insurance also includes cover for any legal costs associated with defending claims against the business. Premiums will depend on the type of business, turnover and number of employees. | Public liability cover can also be extended to include claims arising out of defective products (product or products liability insurance) or design, often referred to as product liability insurance. However, it does not cover you for any claims made against the business for negligent advice. For this cover, you will need a separate professional indemnity policy. This is often called professional liability insurance. Nurses and health professionals usually have cover of this type. |
The limits are usually between £1m and £5m and can be a condition of working or sub-contracting for another company. Our online small business liability insurance quotes for public and employers liability insurance can be tailored to your particular business type. | Compensation can be significant amounts of money. You might have to sell your house and anything else of value if the claim is large. If you do have lots of spare money that you don't mind parting with then you can ignore this. |
Example | |
Should one of your customers suffer an injury, as long as you have Public Liability Insurance in place the process is simple. | Without PLI the process is not quite so straightforward. |
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Contact | |
 Call 0800 037 9395 for more information about our products
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