Details of Public Liability Insurance

Whether you operate a large business or a small start-up, it can be very difficult to try and navigate the complicated world of insurance coverage. The last thing you want to do is end up on the wrong end of a lawsuit and finding out that you do not have the right kind of insurance coverage to offer your company financial protection. If you are not quite certain that you need public liability and professional indemnity insurance, here are a few details about this important type of insurance coverage.

Public Liability Insurance Coverage Details

Public liability insurance is designed to offer legal liability coverage for any claims that may come as a result of property damage or personal injury that your business is accused of causing. Whether your business is at fault or not, public liability insurance can take the financial burden of litigation off of your shoulders so that your company does not have to bear it.

Professional Indemnity Insurance Coverage Details

Professional indemnity insurance coverage is designed to cover your company’s legal liability costs for any claims that may be filed against your company as a result of a real or perceived breach of your duty. Professional indemnity coverage protects your business against lawsuits that involve claims of personal injury, financial loss or property damage.

To insure that your company does not have to deal with the devastating financial repercussions of a lawsuit, it is important to have public liability and professional indemnity insurance coverage at all times.

 

photo credit: AllisonMatherly cc
This post was written by , posted on January 20, 2015 Tuesday at 5:30 pm

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