In your business, risks of personal injury or property damage involving a third party may come up anytime. If you’re unprepared for the legal liability, the result can be devastating. It can disrupt your business operations and affect your finances.
As a business owner, you need to be equipped with cover for your business. Before a claim is made against you, arrange for public liability insurance to be ready for any potential public liability claim.
Public liability insurance is a type of insurance designed to cover the costs of claims made by members of the public when either, injury or damage has occurred within the business premise in the course of your business activities.
A business is vulnerable to everyday risks and third party accidents. It is your responsibility to take all measures to prevent harm to your customers or suppliers. But no matter how you stay on top of your services, accidents can happen anytime such as slip and fall incidents. This is where public liability cover comes in.
Sparrow Insurance is here to assist business owners in Australia with their business insurance needs. We understand the risks that different industries face. We can assist you with business insurance products to meet the specific requirements, whether yours is a small business or a large company.
Let us help you arrange a public liability insurance policy.
Contact us now for additional options on insurance covers for Australian businesses and professionals.
To find the right insurance policy fit for your protection, take into account your financial situation or needs, kind of business activity, and other industry-specific requirements, including the requirement for the lease to operate your business.
The cost of insurance premiums depends on the nature of your work, the size of your business, industry risks, level of cover, and other business needs.
Public liability insurance can also protect sole traders. Even if self-employed, you still have public liability for associated incidents happening within your business premises. Public liability insurance can help cover the cost of claims due to loss or damage to property of third parties. You can also extend to public and products liability or add other insurance policies, such as professional indemnity insurance and workers compensation insurance.
General Advice Warning
This advice has been prepared without taking into account the client's objectives, financial situation or needs.
Because of that, before acting on the above advice, the client should consider its appropriateness (having regard to their objectives, needs and financial situation).
If the advice is related to the acquisition of an insurance contract, the client should obtain a Product Disclosure Statement relating to the product before deciding whether to acquire it.
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