Public & Products Liability Insurance

Policy Overview

Public Liability – If you cause injury to a third party or damage to their property you may be legally liable to cover the associated costs. Public Liability insurance can help to protect your business from the financial exposure associated with your day to day trade.

Products Liability – If you design or sell a product that causes customer harm you could be at risk of financial loss. Even the allegation of customer harm can cause significant financial loss through legal fees to defend your position. Products Liability insurance can allow you to trade confidently.

Public & Products Liability isn’t mandatory but is recommend for all businesses. Losses are generally infrequent but significant. Your exposure to an uninsured loss could cripple your business entirely.

Coverage for Products liability is needed even once you cease trading as future incidents can occur due to a product you sold in the past. This is known as run-off cover and is important to discuss with your broker.

The information provided on this page that may have been implied is General Advice only and does not take into consideration your specific needs, risk appetite or financial requirements. Please contact our office to discuss and review your needs and the appropriate financial product best suited to meet your requirements . Before purchasing any financial product, you should always read the Product Disclosure Statement to ensure the product is suitable for your needs.