Public & Product
Public & Product Liability protects against your legal liability to customers, clients and members of the public, ie third parties (not employees) for bodily injury and property damage arising out of the business’ activities and products.
In addition to the damages awarded, the policy covers the legal costs of investigating and defending a claim made against you, your staff and/or your business – these costs often match or exceed the damages payable.
Even if you are innocent and found not negligent, in the process you will have encountered significant legal costs. It is important to understand the cover will protect you against both actual negligence and allegations of negligence – even if the allegations are unproven.