Public Liability insurance provides financial protection to businesses, organizations, or individuals in the event that they are held liable for third-party bodily injury or property damage. This type of insurance covers legal costs, compensation claims, and other expenses that may arise from incidents that occur on the insured premises or as a result of the insured’s business activities. It is particularly important for businesses that interact with the public, such as retail stores, restaurants, or event organizers, as it helps mitigate the financial risks associated with potential lawsuits or claims. Public Liability Insurance provides coverage against risks such as:

• Third Party Property Damage; and
• Third-Party Personal Injury.

There are different types of Liability Insurance which you can source, however, most of them cover the same basic risks. Other Liability Insurances available include Products Liability, Broadform Liability, and General Liability.