Due to the nature of the risks covered the claims that could be made against your business can be very significant and as such it is critical to protect your business through undertaking adequate public liability insurance. Further many tenders or applications to register with government departments will require you to have a minimum level of public liability insurance or you will be deemed too risky to do business with.
Further public liability insurance protects you, your employees, your customers and the public.
The level of cover you require depends on your specific business circumstances, however generally premiums start at approximately $10m cover and up.
For further information about Public Liability Insurance call BGI Brokers to discuss what policy you need to mitigate your business risks.