Public Liability Insurance
Public liability insurance is a type of insurance that protects businesses and individuals against claims for injury or damage to third parties. It typically covers:
- Legal Costs: Expenses incurred in defending against claims.
- Compensation Payments: Amounts owed to injured parties for medical costs or property damage.
- Claims Related to Business Activities: Any incidents occurring on business premises or during business operations.
Public liability insurance helps cover the financial risks associated with accidents or injuries to the public, providing peace of mind and protecting against potential lawsuits.