Protect yourself from Unpredictable Injury & Damage Claims
Public Liability, Product Liability and Combined General Liability (CGL) insurance policies are there to help protect you from costly lawsuits when there is potential bodily injury or property damage to third parties
Why Get Public & Product Liability Or CGL Insurance?
Protect your balance sheet
Injury or damage claims can be extremely expensive, costing millions of dollars.
Long tail nature
Issues with products or services can appear years after products are sold or service is completed.
Contractual requirements
Often enterprise clients instruct for a liability policy to be in place.
Who needs Public & Product Liability or CGL Insurance?
Product manufacturers & distributors
Even if you are only distributing products, you can and will be sued for injury to users and property damage
F&B, Retail & Service Brand or Operators
Food poisoning and injury to customers at your operating space are all typical claims that must be resolved quickly
Commercial & Office Premises Owners & Tenants
Building damage to neighbours or landlords due to fire or water can be expensive and complicated to resolve
Event organisers & exhibitors
Damage during setup and teardown, and injuries to guests during the event can far outweigh the profit of the event
Key Policy Coverages
Typical policy benefits
Damage to third party property caused by the business
Compensation claims if a third party is injured on the premises or due to the business’s activities
Including related legal expenses
Covering liabilities that arise after a work has been completed
Covering damage to property that is under the direct supervision, responsibility or control of the business
Claims arising from advertising activities, such as claims of defamation, invasion of privacy, copyright infringement, etc.
Typical Exclusions
This is covered by Cyber Insurance. Find out more.