Public Liability Business Insurance - What Is That?

13th July 2010

Public liability business insurance is an amazing product that is

designed to protect business owners from the financial hardship that

comes along with being sued following an accident or malpractice or any

number of other things that might happen at your business. This

insurance also covers employees who travel to clients homes or

businesses for work such as massage therapists and beauticians etc. 

When your staff goes into a persons home with oils and creams etc there

is always a risk of the employee or the client slipping or falling and

that is why insurance against law suits is so important.  Not having

insurance when an accident happens can lead to many unpleasantries like

loss of business, loss of home and vehicle and then some.  

Public

liability business insurance can be fairly costly and as a result there

are thousands of business owners who go without insurance and risk

their businesses and the jobs of their staff members.  When you consider

how important your business is to your clients and to your staff it is

easy to see why every business should have insurance to protect their

business.  If your staff came into work on a Monday only to find that

the business is closed and they are out of a job, could you imagine the

hardship they would be feeling?  Your insurance can help prevent your

business from closing in the event of a lawsuit and can keep your hard

working staff working to make you money.

Public liability

business insurance comes in a variety of forms including the previously

mentioned health and injury scenarios as well as slander and

professional misconduct as well as landlord insurances that protect you

against accidents in your rental units.  If there were an accident where

a person was harmed as a result of something like bad electrical

wiring, crumbling walls or stairwell slip and falls your insurance can

help you by paying for their medical bills and legal fees.  Without

insurance getting hit with this kind of a bill on your own can easily

force you to have to sell your rental units and maybe even your home.

Public

liability business insurance is one of those things that you will never

want to go without.  It's something every business should have whether

you own a news stand where you sell papers and magazines or a cafe where

you cook all the food yourself, or if you are the head of a

multinational corporation you need to be protected from the possibility

of being sued and losing your business and livelihood.  Too many people

look at this type of insurance as being an optional feature, until they

need it and it is not there.  Don't let that happen to you.  If you wait

until you are in the middle of a lawsuit you have waited too long,

getting the insurance now before you need to use it will ensure you have

the protection you need when you need it.  Don't wait until it's too

late.