Most of us are aware of the types of insurance that are available, those that we are legally required to invest in and those that we are advised to purchase for our own peace of mind. Yet, there are some little known policies that really could make a big difference to an individual’s personal and professional life. For example, if you were a business owner and one of your employees or a customer was to suffer an accident in your premises, would you be liable? In fact, there is a variety – public liability insurance that can protect businesses against these claims.
There is one specialist company that allows business owners, tradesmen and many other individuals to compare quotations for public liability insurance, to ensure that they are fully covered in a society where the numbers of claims are high and businesses have to be even more safety conscious.
As many new business owners may not know what this insurance is or what it is used for, it is important that providers explain exactly what it is and its purpose.
Essentially public liability insurance protects the business owner if an individual is hurt, or their property damaged or stolen whilst present in their property. There are also policies that are tailored to particular industries, for example to the building trade where the probability of an accident occurring is much higher. Public liability cover can also protect trades people against negligence if any damage is caused whilst they are working on a particular property.
Also included within the liability insurance umbrella is employers liability insurance, this protects employers against claims made by staff. This is a legal requirement in all businesses with staff in the UK. However, those that are considered ‘staff’ in limited companies vary to those in a business that is not limited. Information related to this can be viewed on the specialist’s website.
For further information about public liability insurance and its importance for business owners, take a look at the website. Alternatively, to purchase a policy that is tailored to you and your business, simply fill out the online quotation form on this company’s website.