Public Liability Insurance is often referred to as Public Liability insurance. This insurance covers claims from third parties for: body injury and/or property damage which caused by the insured’s business operations. The insurer will be liable to the extent of its liability and legal fees and costs – generally added to the above limit of liability.
There are some standard exceptions in public liability, namely:
- Care, custody and control
- Contractual Liability
- Cost of rectifying defective work
- Damage to Insured’s conveyance
- Deliberate acts
- Injury to employee
- Insured’s property
- Product liability
- Professional Liability
- Radioactive
- Terrorism
- war
This policy is an all risk policy. As long as it is not stated as an exception, the warranty applies.
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