LIABILITY INSURANCE
It is a type of Insurance coverage that offers protection against claims alleging that a property owner's negligence or inappropriate action resulted in bodily injury or property damage to another party.
- Public Liability
- Professional Indemnity
- Products Liability
- Inland Carrier’s Liability
- Employer’s Liability
Public Liability
It insures the legal liability of the insured to third parties in respect of bodily injury to or illness as a result of accident and loss of or damage to property as a result of an accident and happening.
Professional Indemnity
Its purpose is to protect professional persons against legal liability to pay damage to person who have sustained financial loss / damages arising from their own professional negligence or that of their employees in the conduct of the business.
Products Liability
It covers liability or damage caused by or arising from any goods or other property sold, supplied, installed, delivered, repaired, erected, altered, treated or tested by the insured in connection with the business, after the products have ceased to be in the custody or control of the insured.
Inland Carrier’s Liability
It as at type of liability for accidental loss of or damage to goods in the custody or control of the insured whilst in transit by road, rail or any other specified means,
Employer’s Liability
It covers the cost of compensating employees who are injured at or become ill through work.
