Public Liability Insurance

Public and Product Liability

We live in a world where people sue businesses for all sorts of things – you may become legally liable when third parties slip and fall in your shop and sustain an injury, or when faulty products cause property damage or injury. Being protected against potential personal injury claims can be vital for some small businesses. Being protected against potential personal injury claims can be vital for most small businesses.

Sometimes claims can run into hundreds of thousands of dollars, that’s why Allianz has created a range of easy-to-understand Liability solutions that allow you to select the right cover for you.

These options include Products Liability, which is often included when purchasing Public Liability cover.  Note that the Product Liability is capped per period of insurance, and care needs to be taken if you import goods into Australia and you should discuss this with your insurance broker at Fully Insured.

You can choose standard limits of cover for up to either: $5,000,000, $10,000,000 or $20,000,000 . Some businesses are more complex and may require a higher limit, Fully Insured can negotiate a greater limit if required. You can choose to be covered for damage to property while in your physical or legal control up to your required limit, damage from faulty workmanship and other extensions depending on your business occupation, speak to your Fully Insured broker for more information.

What types of Risk does this protect?

Personal injury need not just be from a trip and fall; it can also include the following:

• Death, bodily injury, sickness, disease, disability, shock, fright, mental anguish and mental injury
• False arrest, wrongful detention or imprisonment, or malicious prosecution
• Wrongful eviction
• Assault or battery (unless excluded)
• Libel, slander, defamation of character or invasion of the right of privacy, occurring during the period of insurance.