Public Liability Insurance Meaning

Public liability insurance definition is insurance to protect businessmen as owners or landlords against loss due to legal liability for injury or damage to the persons or property of the public.

Public liability insurance meaning. Claims are usually successful when it can be shown that the owner occupier was responsible for an injury therefore they breached their duty of care. In many countries liability insurance is a compulsory form of insurance for those at risk of being sued by third parties for negligence the most usual classes of mandatory policy cover the drivers of motor vehicles vehicle insurance those who offer professional services to the public those who manufacture products that may be harmful constructors and those who offer employment. Public liability insurance covers the cost of claims made against your business by a client or a member of the public should your work have resulted in injury or property damage public liability cover protects against the compensation payouts and legal costs. Public liability insurance.

Public liability insurance covers you on your premises and working off site. Public liability is part of the law of tort which focuses on civil wrongs. As a business owner or operator you are responsible for preventing any accidental damage or injury to third parties. Public liability insurance is the uk name for business insurance that covers third party injury or damage claims while in the usa this insurance cover is called general liability insurance.

In plain english this provides protection against legal and court costs i e. If you have employees you will usually be required by law to have employers liability insurance to cover injury claims made by employees. Public liability insurance covers you and your business for losses or damage a third party suffers or claims to have suffered as a result of your business activities. Incidents which could lead to a public liability claim against your business include anything from clients slipping on a wet floor in.

Protect your business legal liability against third party. Legal liability in the event that someone is injured or has their property damaged while you are providing a service to them. Public liability insurance protects your business against compensation claims and their legal costs if you cause injury including death to a third party or damage to their property. Public liability insurance is a type of business insurance that covers the cost of claims made by the public that happen in connection with your business activities.

Public liability provides indemnity to an insured for his legal liabilities as well as legal liabilities of his representatives and employees arising in connection with the insured s business carried out at and from the specific place of business.