Public Liability Insurance
It is a type of business insurance that protects companies against compensation and damage claims from accidents and injuries which happen in relation to business operations.
It covers the insurance cost of the incident claimed by the affected party—like the general public, or other third-parties such as customers, suppliers, orsubcontractors.
This type of policy covers the claim expense of incidents that happened within business premises and claims of damage to someone else’s property involving a business and its activities.