| Let us first get the definition for Public Liability | | | | involved. Given below are some examples as to |
| Insurance; it is an insurance which protects you from | | | | when an insurance cover of this type becomes valid |
| loss or damage resulting from a claim for damages | | | | and useful. These examples will help you to |
| by a third party arising from any negligence on your | | | | understand the requirement of buying such an |
| part, as a business person/company. This is part of | | | | insurance cover: |
| the law which focuses on civil wrongs. If your | | | | Property Damage: |
| business calls for members of the public or customers | | | | - If you are an Alarm Installer: If you are installing an |
| to come to your premises or you need to go to | | | | alarm system at a property and whist securing the |
| them, it is always vital to consider this type of | | | | cables you accidentally hit a nail into a pipe and cause |
| insurance policy. | | | | a considerable amount of damage. This could be |
| Practically every business should have this insurance | | | | claimed through a Public Liability Insurance. |
| cover tailored to meet the specific risks and | | | | - If you are a Bricklayer: Whilst building a brick wall |
| requirements according to the type of business you | | | | you can accidentally drop some heavy materials and |
| handle. | | | | damage your customer's driveway. |
| What does a Public Liability Insurance Cover? | | | | - If you are a Carpenter: If you were fixing a door, it |
| It is vital for every business because it will pay out in | | | | can accidentally drop and cause damage to your |
| case a mistake is made which causes injury to a | | | | customer's property. |
| member of the public or a customer, or even | | | | - If yours is a Television Company: You will be |
| damages their property. One such common incident is | | | | required to fix outside antennas - most often than |
| when a customer slips or trips over at your business | | | | not this happens on the roof of the building. If by |
| premises and damage is caused - it can result in an | | | | accident you drop something and damage your |
| insurance claim. | | | | customer's roof and cause considerable damage. |
| Another common example; if a spill on a shop floor | | | | - If you are a Bathroom Installer: During the course |
| isn't marked adequately and clearly with a warning | | | | of your work, you may accidentally damage a pipe |
| sign and a customer slips and gets injured they can | | | | which can cause a leak which might flood your |
| claim for compensation. In a business premises there | | | | customer's property and cause a significant amount |
| can be a great number of similar situations and a | | | | of damage |
| Public Liability Insurance will always cover this cost. | | | | Situations such as these can be claimed from a Public |
| This is a highly recommended cover for all businesses | | | | Liability Insurance cover. The value of such an |
| which can reduce your financial risks significantly. | | | | insurance cover is beyond measure as it gives you |
| If your business involves construction work, you can | | | | immense peace of mind in the event of any loss or |
| be very sure that the main contractor will insist for a | | | | damage to your customer or their property. |
| valid insurance cover because of the level of risks | | | | |