Nowadays, even minor injuries and property damage can lead to major compensation charges or legal liabilities; therefore, no business can do without liability insurance. As a business owner, you need ample liability solutions to cover yourself against third-party claims—whether from a lawsuit or from a client slipping in your office and incurring medical bills.
Public liability insurance
A public liability policy is designed to protect your business in the event of third-party claims being made against unintended damages or injuries to third parties and third-party property.
Employees compensation insurance
An employer is liable for ensuring a safe workplace. However, even if extra precautions are taken, accidents happen. Employee compensation insurance is a mandatory coverage that provides lost wages, medical benefits, and rehabilitative services to employees suffering from work-related injuries or illnesses; it also protects employers from lawsuits initiated by injured employees.