Public Liability Insurance and Your Protection

Author: Musa Aliyu From falling trees, collapsing walls to something suddenly going wrong, being the host of a function in which hundreds of guests are in attendance certainly requires more than just organising the event and sending out invites. In the run up to last Christmas several events had to be cancelled due to the lack of public liability insurance. Health and safety consideration is crucial to the successful hosting of any function, which is required by law. In the absence of proper consideration for the welfare of one’s guests and failure to put in place all necessary precautions the host then becomes clearly liable, if an incident leading to death or injury was to occur. What is public liability insurance work? Public liability insurance is the type of insurance cover taken to protect one and one’s business against the financial liability that could arise from the injury suffered by or death of a third party. Other losses that could result in such risks include the loss or damage of property or any other losses suffered from one’s negligence. Whereas incidents that could lead to any of the above mentioned unfortunate events may not be predictable, what could be ascertained in order to prevent the risk is the level of health and safety precautions taken. In a more proactive step, however, taking out public liability insurance substantially resolves a potential problem. In some cases you may be held liable for the injury or death or loss a victim suffers on account of your negligence regardless of the fact that you did not invite them to your premises or workplace. This is where tradesmen, especially when working from home or places open to members of the public are drawn in. What needs to be established in such situation is whether there was culpability arising from negligence and how this resulted in the accident. Rather than waiting for a little kid or an adult, who may be a customer, to bump into your tools or equipment at your workplace or when you visit their homes to work and start thinking of a way out, usually having public liability insurance reduces the risk to the minimum. In some cases it may not even be someone else that is at risk, it could be you or your employee. Employees’ safety is as important as your business. Where there is negligence on your part regarding their safety, you could end up with a huge claim slammed on you. How does public liability insurance work? Public liability insurance provides cover for the damages or compensation a member of the public is given following an injury, damage or any other loss incurred as a result of your failure (negligence) or due to the fault of your business. The policy also covers other connected issues like the costs and expenses of the victim, including their legal fee and even what is paid the medical personnel attending to them or conveying them to a medical facility or hospital. In conclusion, for one to have a better grasp of how public liability insurance works and how it could be obtained it is important to seek the assistance of experts, whose professional advice would help clear all grey areas. Musa has more articles pertaining to public liability and other legal related articles. This article is free for republishing Source: http://www.goinglegal.com/article_767488_18.html