Archive for October, 2011
What is Public liability insurance?
“What is public liability insurance?” a common asked when you start your own business, be it small or big. If your business involves interaction of the public, you are recommended to get your business insured. This is because you may never know what will happen in future. Keep your company insured and you will be safe from huge claim amounts, medical expenses and costs of damage caused to the property or a member of the public.
Public liability insurance is a protection cover for your business from unseen dangers. If the floors of your shop for example, is wet and you forgot to put the caution board. A customer walks into your shop, slips and falls. The customer is injured in the head due to the fall and is rushed to the hospital. The customer files a case against you for negligence. You are down with huge claim. You cannot be emptying your pocket at that time. Just imagine the claims are a very huge amount which you never expected. It will be too late to think of insurance at that time. Why don’t you get your public liability insurance today so you do not regret in future.