Public Liability policy also known as General Third Party Liability policy protects businesses’ legal liability against the costs of compensating individuals and companies if they suffer accidental bodily injury or damage to their property caused by the Insured in the course of business.
This does not include employees, who are protected under Workmen Compensation and Employers Liability Insurance. This policy pays for the claimants’ legal costs and the agreed costs of defending the action. Due to the potential high costs and higher exposure, this is a risk that must be covered. The Work Away Risk exposure can also be covered under the Policy.