Public liability – Explained
Public liability refers to a claim made by the public who comes in contact with business activities. Public liability insurance covers legal expenses and compensation for claims brought against your business by customers, clients, or any member of the public. It covers personal injuries, losses, damage, death and other incidents that occur on a business property only. It has to be borne in mind that public liability Penrith does not cover any claims made by employees made in the workplace. How does public liability insurance work? Businesses that frequently have customers visiting their premises tend to be at a higher risk of litigation. This is because there is a possibility that a customer might slip and fall or that their property, for instance, bags, might get harmed as a result of business services. While you may have signs put up for some imminent dangers, such as wet floors, you still might end up getting sued. Litigation means hefty legal fees, even when you eventually wi...