In one sentence, public liability insurance covers your back against legal claims if someone suffers an injury or property damage because of, or during, your business activities. For detailed description of it refer to LawPath’s website for reading “What is Public Liability Insurance”.
Maybe you have your own performance studio and your business is doing well. You recently had a full-house for a performance of Macbeth. But one of the audiences tripped over a chair in the dark, or slipped over a spilled drink while she was bringing back popcorn. She now wishes to sue you for her injury.
This is where you could be glad you have public liability insurance. It will protect you against the legal claim made by the injured civilian, caused during your business activity hours in a not so safe studio.
Confused about whether you need public liability insurance? Request a Quick Quote to get advice from an expert lawyer.
What does public liability insurance protect you from?
LawPath’s blogpost, as mentioned above, on public liability insurance outlines that it protects you against the result of being found negligent. Meaning that if you left that chair in the middle of the walkway, or forgot to mop up the spilled beverage, even as an accident, you may still be found to had been negligent. Lucky you have public liability insurance in place, as the financial and legal costs of being found negligent can be hefty.
Public Liability Insurance policies covers generally:
- Incidents (injury/death) occurring at your business locations during business activity hours, including workplace and other other locations where business is being conducted;
- Any legal and court costs in the event of a third party suffering personal injury or property damage;
- Negligent advice given to a customer by your business;
- Any loss or damage of property;
- First aid and medical costs during the incident;
- Any damaged caused by your businesses products;
- Protection for those not named in the policy;
- Nervous shock or emotional distress and rehabilitation.
Note: It is important to know that, unless specified in the policy, public liability insurance covers claims only for third parties and not those made by a business’s own employees.
Unsure where to start? Contact a LawPath consultant on 1800LAWPATH to learn more about customising legal documents, obtaining a fixed-fee quote from our network of 600+ expert lawyers or to get answers to your legal questions.