Do you own a business providing products or services to a third party?
Are you a consultant to business or the public sector?
Do you have a Public Liability or Products Liability Insurance Policy to protect you and your business if something goes wrong?
As a business owner or self-employed consultant, you work hard to provide your customers with safe, reliable products or services, but sometimes things can go wrong.
Public Liability Insurance protects your business from claims made against you by third parties for bodily injury or property damage resulting from the conduct of your business. It also protects you and your business against the legal costs of a claim for injury or damage to the property of others that occurs while you are providing a service, either at your work place or at another location.
Why is cover for Public Liability Insurance important?
When running your own business, you may become liable for damages or injuries to another person or property. The likelihood of being sued for negligence is unpredictable and potentially very costly.
Public Liability Insurance covers you against claims for negligent acts, which cause personal injury and/or property damage, occurring in connection with your business.
Choosing the right amount of insurance to protect your business can depend on a number of factors. At Talos we’ll work with you and our insurers to help you get the right cover for your circumstances and future needs.
Our insurers will also assess the potential for your business to cause personal injury and/or property damage to third parties.
In any line of work, there is potential for something to go wrong. If and when these accidents happen, you or your business could be held liable.
Public and products liability policies can provide protection if:
- A third party is injured and you are found to be liable
- A third party’s property is damaged and you are found to be liable
- Public and products defense costs even if you are not at fault
- A fault with your product occurs, causing a financial loss to a third party, and you are either the manufacturer or the direct importer (and therefore deemed to be the manufacturer under Australian law).
- Some tenders require Liability Insurance to be in place before submission of your quote
Regardless of the size of your business, public liability claims can be financially crippling, and even when an incident occurs where you are not at fault, you could still incur significant legal costs in defending yourself.
At Talos we’ll work with you and our providers to find you the best, most competitive Liability Insurance for your situation, saving you time and money, and most importantly protecting your bottom line.
Now that’s peace of mind…
Whether you’re a small, medium or large privately held company, we’ll negotiate with insurers on your behalf to get the best cover and value.
Being covered just makes good business sense.
Contact Talos Insurance and Risk Solutions for further advice.