Public Liability

What exactly is it and what does it cover?

Cover
""We will pay all sums which the Insured Person shall become legally liable to pay for
compensation in respect of: • Personal Injury • Property Damage
happening during the Period of Insurance, within the Territorial Limits, as a result of an Occurrence in connection with Your Business or Products ""

Whats an occurrence?
""Occurrence means an event or series of events including continuous or repeated exposure to
substantially the same general conditions which results, unexpectedly and unintentionally from Your standpoint, in Personal Injury or Property Damage during the Period of Insurance. ""
For cover to be effected, there generally has to be negligence on behalf of insured - an 'accident' is not enough for insurance to cover.

Sums Insured
$5,000,000 (minimum)
$10,000,000 more the norm....
$20,000,000 and higher also avail.


Additional Payments
""In addition to the Limits of Liability stated in the
Schedule We will pay as additional payments all:
• reasonable legal costs and expenses incurred by the Insured Person
in the defence of any claim;
• expenses incurred by the Insured Person for first aid to others;
• reasonable expenses incurred by You for the temporary repair
or shoring up or preservation of property which has been damaged;
• interest accruing after entry of judgment against the Insured Person

resulting from an Occurrence which is covered by this
Cover Section ""

Exclusions:
Various apply...check wordings, check with Broker.