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How does public liability insurance play an important role

Public liability insurance protects you and your business from the financial risk of being responsible for injury or death, loss or damage to property, or economic loss due to negligence. Negligence is when someone doesn't do what they should to avoid hurting or losing someone else. Public liability insurance covers the costs of a lawsuit if a person, business, event, contractor, or community building is found to be negligent.

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How does public liability insurance play an important role

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  1. NATIONAL CORPORATE BROKING HOW DOES PUBLIC LIABILITY INSURANCE PLAY AN IMPORTANT ROLE? WWW.NATCORPBRO.COM.AU

  2. WHAT IS PUBLIC LIABILITY INSURANCE? Public liability insurance protects you and your business from the financial risk of being responsible for injury or death, loss or damage to property, or economic loss due to negligence. Negligence is when someone doesn't do what they should to avoid hurting or losing someone else. Public liability insurance covers the costs of a lawsuit if a person, business, event, contractor, or community building is found to be negligent.

  3. WHAT DOES PUBLIC LIABILITY INSURANCE COVER? "Duty of care" means that if you own or run a business, you have a responsibility to people who come to your workplace or do things there. Public liability insurance covers you and your business for legal and compensation costs if you're found to have broken this duty of care and caused someone to get hurt, die, lose something, or have something damaged because you weren't careful.

  4. WHO NEEDS PUBLIC LIABILITY INSURANCE? If your business requires customers or the public to come to your place of business, or if you go to your clients' places of business, you should think about getting public liability insurance. Public liability insurance is usually optional, but businesses in all fields should get it because being sued for negligence is unpredictable and could cost a lot of money.

  5. WHAT DOES PUBLIC LIABILITY INSURANCE NOT COVER? The following things are not covered by public liability insurance: Style Two Damage to you or your workers Damage to property that you or your employees have had Illegal or deliberate behaviour Poor quality work Breach of duty as a professional Breach of contract Vehicles Style three

  6. CONTACT US 02 4721 7737 www.natcorpbro.com.au Disclaimer: This is a generic Information & post; content about the services can be changed from time to time as per your requirements and contract. To get the latest and updated information, contact us today or visit our website.

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