Covers against legal liability to third parties in respect of accidental death, bodily injury and/or illness and/or loss of or damage to property incurred by the insured in the course of the Insured’s business. Including their work/business related activities away from the premises.
Under this type of insurance there are some other categories according to the activity of insured.
Therefore, if a customer or third party person was to injure get injured or have something damaged as a result of your business activities, your business could be held responsible. This means that you would have to pay the compensation claim and legal expenses.
However, if you have public liability insurance it can cover these costs.
Almost all business owners should have public liability insurance in order to place their business in safe hands. A single accident could result in a lawsuit that you might not be able to handle. Also, being vulnerable to a lawsuit can ruin a growing business. A great way to protect against this type of situation is to make sure you carry enough public liability insurance.