Public Liability Insurance
Public liability insurance protects the policyholder range that of their legal liability arising out of injury damage or loss course of third-party property of persons arising out of or in course of the business. the "sum insured" under a liability policy is referred to as the limit of indemnity and that represents the maximum amount payable by the underwriter in respect of a claim. Limits of indemnity tend to start at £1 million with increase is available in further levels of £1 million.
Product Liability Insurance
Products liability insurance is generally treated as an extension to the public liability insurance contract and protects the insured in respect of their legal liability for products and services sold and supplied.
Employers Liability Insurance
All employers in the United Kingdom required by the Employer's Liability (Compulsory Insurance) act 1969 to hold current employer's liability insurance. This insurance protects the insured in respect of their legal liability for injury to employees arising out of and in course of the business.
Business Descriptions in Liability Insurance
It is important ensure under liability insurance contracts the business description specified in the policy schedule adequately reflects the work undertaken by you. If you are in any doubt regarding this you should consult with your insurance adviser.