Anyone who runs a business should get public liability insurance, especially if there is a risk of injuring people. Examples are construction businesses, small motels, and hair salons. But what exactly is public liability (PL) insurance, and why do you even need it? This blog post answers these questions, along with other information you require.
Having this insurance can cover legal and medical fees and compensation costs in case a customer files a claim. You get the protection necessary for yourself and your business. After all, claims can lead to serious financial repercussions. It is only right that you protect yourself if ever an unfortunate event takes place.
You’re probably wondering whether or not you should get PL insurance if you are self-employed. This post that you can find on our blog answers this question.
Public liability insurance is not compulsory in Australia, but it does not mean you should not buy it. This post gives you information about why you should still take out a policy even when it is not required by law.
