Owning your own business has its responsibilities as well as its rewards, and Liability Insurance plays a vital role in securing peace of mind. Liability Insurance arranged by Insurewise helps to protect your interest from expensive claims that could be damaging to your business.
The team at Insurewise are always ready to advise you on how best to ensure that you’re sufficiently covered for accidents involving members of the public and your own employees, or their property through liability covers.
Public Liability Insurance covers you for your legal liability for injury, illness or disease to any member of the public and loss of or damage to their property. In the UK, it is estimated that up to one million public liability claims are made each year and the trend is growing rapidly as more people become increasingly aware of their right to seek compensation.
You can usually insure your business for a choice of three different levels of indemnity – £1,000,000, £2,000,000 and £5,000,000, which means you can match the level of public liability insurance to cover your business needs. Higher levels can be obtained, if required, up to £50,0000 on request.
Product Liability insurance provides cover in respect of legal liability arising from products sold or supplied.
Employers’ liability insurance protects your company against your legal liability for injury, illness or disease to any employee or volunteer. The usual limit of indemnity for this type of insurance is £10,000,000 in respect of all claims arising from one cause.