Public Liability Insurance or Commercial General Liability

Public Liability Insurance

Public liability insurance (also known as commercial general liability) covers any accidental bodily injury or damage to a property that has been made during your business operations. This insurance covers legal defense costs and damages. 

The insurance is required if you handle your customer’s properties like – repair, installation or servicing business or if you are dealing with people in the food, education or childcare industry.  

If you are planning on renting an office space or working with large MNCs, your landlord/client will likely require you to get this insurance.

You may also be advised to add on more clauses and it is important to let your broker know about it.

Some additional clauses could be:

  • Additional Liability: Adding another party into the policy
  • Cross Liability: One insured party can sue another insured party when both parties are under the same policy
  • Completed Operations: Coverage for claims resulting from an incident after business operations are completed
  • Waiver of Subrogation: Waives the right of the insurer to seek redress for losses from the negligent third party named
  • Umbrella Liability: Coverage for claims in excess your current liability coverage

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