What is Liability Insurance?

If out of the negligence of the insured within his premises, a third party is injured or loses property, public liability insurance protects the insured against the costs resulting from the suits that the third party may institute against him. Indemnify the insured against legal liability to third parties arising from bodily injuries or damage to property.

This is a policy that indemnifies the manufacturer if the consumption of his product causes harm or financial loss to a consumer. Indemnify the insured against any loss or harm that business causes to third parties who use or consume the products supplied by the business activities.

Is an insurance policy that covers the insured from losses that may result from professional malpractice. Examples of professionals covered include lawyers, valuers, engineers, auditors, medical practitioners, pharmacists etc. Indemnify the insured against any loss or harm to third parties arising through breach of professional duty (specialist skills) of the enterprise or individual

Covers the directors and managers of an organization against claims that may arise from the decisions and actions taken within the scope of their regular duties. Indemnify the insured against any loss or harm to third parties arising through the wrongful act of the directors or officers of an enterprise

The cover is to protect the insured against any liability that a business has its workforce. Indemnity the Insured liability that a business has to its workforce.