If your business interacts with the public either from customers visiting your workplace to customers receiving the deliveries. - then you need to consider Public Liability Insurance. If your business gives professional advice or design to customers - then you need to consider Professional Indemnity Insurance. If you are concerned about possible legal action against company directors – then you need to consider Directors & Officers Liability insurance.
Public & Product Liability
Public liability insurance policy provides cover for your business if someone is injured, damage other people’s property due to the activities of your business. If your business is manufacturing or selling products, you are accountable for the quality of these products as well as any problems that may arise after they are sold. You might be legally accountable for any harm these products cause to your customers so you need to make sure that your Public Liability policy includes Product Liability.
Whether you are an architect, engineer, consultant or other professional providing advice, design or service, professional indemnity insurance protects your business against claims for malpractice or professional misconduct. Legal action is not only confined to the business, but can also be made against individual directors or company officers.
Director and Officers Liability
Directors and Officers Liability provides coverage for defense costs and damages arising out of wrongful act allegations and lawsuits brought against an organizations board of directors and/or officers.