Public Liability Insurance

What is public liability insurance?

Public liability insurance covers any damage caused by the insured to a customers(third party) property

It can cover Property Damage or injury.

It's important for businesses but can also be needed if you're runing an event to which the public are invited (eg: running a bouncy castle at a fete will probably require PLI)

Public liability insurance will pay out in the event that a mistake is made which causes an injury to a member of the public or customer, or which damages their property.

The most common incidents are slips or trips. If a spill isn't marked with appropriate signage and someone slips on it then they may have a claim for compensation against the shop owner. Public liability insurance covers this cost for a business.

You need tailored cover according to what your business is and the likely risks. The levels of cover need considering too.

If you employ people then they will not be covered by Public liability insurance - instead you need by law to have Employers liability insurance.

You need to know the Pre-set Conditions and Exclusions, your excess and the levels of insurance you've got.

Public liability insurance can cover you at your place of work, your shop or at your customers address - according to the type of policy. If the work and locations change then adjust your policy accordingly.

Your business may be required to register with an appropriate trade body or with the Health and Safety Executive.