One Incident Can Lead to a Million-Dollar Lawsuit
A slip-and-fall in a mall, a chemical spill at a factory, or a fire in an office—businesses are responsible for third-party claims that arise from accidents on their premises. Without Public Liability Act Compliance Insurance, legal costs and compensation claims could drain your resources.
Who Needs Public Liability Insurance?
Industrial and non-industrial Risk
Public liability can be purchased by Industrial units like manufacturing units, construction sites or Malls and Non industrial units including offices, shops, residences. Both serve the same purpose of payment of defence cost and liability.
Public liability act
Companies which are in businesses making or using hazardous goods exposing people to hazards need a Public Liability ACT policy. The Act mandates the cover for such units depending on the size and hazard exposed.