Types of Liability Insurance

Public Liability Insurance

Covers you for damages you cause to another person or their property.

Ever worry about what happens if someone trips over a cable while you're setting up your stall or during a business event? Public liability insurance helps cover the costs of claims made by members of the public for accidents that happen in connection with your business activities. For example, if a customer slips and falls at your café or workshop, this insurance can help manage the financial fallout.

Product Liability Insurance

Covers you for injuries or damages caused by a product you made.

If you sell products, this one’s important. Product liability insurance helps cover the costs if someone claims to be injured or their property is damaged by something your business made or sold. Imagine a cake you baked causes a severe case of food poisoning - this insurance would help cover the compensation costs.

Professional Indemnity Insurance

Covers you for injuries or damages caused by advice or decisions you’ve made.

Do you provide advice or a professional service? Professional indemnity insurance is key. It protects you if a client claims they’ve suffered a loss or damage because of your advice or service. Whether you're an architect whose designs didn't meet client expectations, or a consultant whose advice led to a client's financial loss, this insurance has your back.

Employers' Liability Insurance

Covers you for injuries or damages caused by being employed by you.

This is a must if you have employees. Employers' liability insurance helps cover claims from your staff if they get injured or ill because of their work. Whether an employee slips in your office kitchen or develops a health issue from their work environment, this insurance supports claims for compensation.

Directors and Officers Liability Insurance

Covers directors and officers for wrongful acts or management.

Also known as D&O insurance, this protects your company’s big decision-makers. If someone sues your directors or key officers for alleged wrongful acts in their capacity as leaders of the company - like mismanagement of funds or breaching laws - D&O insurance helps cover the legal costs and any compensation that might follow.

Environmental Liability

Covers you if your actions cause environmental damage.

If your business activities could impact the environment, consider environmental liability insurance. It covers clean-up costs for accidental pollution like oil spills or chemical leaks affecting land, water, or air. This insurance ensures swift, responsible action to mitigate environmental damage, helping maintain compliance and protect your reputation.