Liability Insurance

Liability Insurance - Classes of Insurance

Employers Liability - Insurance to compenstate the insured in respect of their legal liability to pay damages to any employee arising out of bodily injury, disease, illness or death happening in the course of employment by the insured. This is compulsory by law

Public Liability - Insurance to compensate the insured in respect of claims from third parties for accidental bodily injury or damage to their property due to the insured'd negligence or that of their employees.

Products Liability - Covers legal liability for third-party bodily injury or property damage cause by products, goods or services sold or supplied

Directors and Officers Liability - Cover personal legal liability incurred by individual directors and officers for financial loss resulting from their negligence or failure

Professional Indemnity - Protects a professional against claims alleging that injury or loss has resulted from their actions

1 of 1

Comments

No comments have yet been made

Similar Other resources:

See all Other resources »See all IF1 Book resources »