As a business owner, it is important that you try to ensure your business is protected from all possible risks. These can range from work, health, and safety, to cyber security, to breaches of the law. It is important to look after the different aspects of your business, including making sure you and your employees comply with relevant governments rules and regulations. This is known as statutory liability.

Public Liability insurance covers legal fees and compensation costs if a customer, member of the public, or a supplier claims against you for injury or damage to their property as a result of your alleged negligent business activity. Having Public Liability insurance gives you peace of mind against potentially stressful, time-consuming and costly legal claims.

No matter how big or small your business is, accidents can and do happen. Public Liability insurance* provides peace of mind for claims for third party property damage or personal injury. If you deal with people in any capacity from clients to suppliers and members of the public, then Public Liability insurance is an important form of protection worth considering.

It’s important to understand the difference between Professional Indemnity and Public Liability insurance as the two types of cover can often cause confusion. Whilst both covers protect your business against legal action they offer different forms of protection.

One of the things that makes New Zealand one of the safer countries for workers in the world is that there is a robust occupational health and safety regulatory system, backed up with numerous Acts of Parliament, to ensure that workers are kept safe as they go about their daily occupations. The legislation in place has fines or other penalties attached for breaches of regulations, and in many instances business owners or directors can be personally liable for these.

Chances are you’ve probably heard of both Public Liability insurance* and Professional Indemnity insurance*, and while both provide a form of cover for your business, they are very different in what they protect your businesses from.

Professional Indemnity insurance* is an important form of protection for businesses that provide specialist services or professional advice. It is designed to respond to claims against your business for losses as a result of actual or alleged negligent acts or omissions in the provision of your professional service or advice. PI Insurance could also assist with the legal costs associated with responding to or managing claims which are covered by the policy.

There is a whole host of things to think about when you work for yourself as an engineer, and while you might have heard of different types of engineering insurances, our guide is keeps it simple on all things Public Liability insurance* for engineers.

There’s a great deal of responsibility that goes into being an accountant, getting the numbers right and helping your client’s balance their books. Not only do you have the responsibility to deliver the goods, but you also have a professional responsibility when it comes to ensuring you have the appropriate types of insurances in place, like Public Liability insurance*.

As a plumber you are faced with different challenges every day, one minute you’re fixing a burst pipe, next you‘re unplugging a drain, no two days are ever the same! While you are busy looking after your client‘s plumbing problems, take the time to consider protecting your plumbing business. When there’s an overflow of unplanned issues like a claim from a customer, Public Liability insurance could help save the day!