Public and Products Liability
Public and Products Liability Insurance policy covers a wide range of business mishaps, legal cost and compensation payments resulting from accidents. Every business including in the hospitality industry needs public and liability liability insurance policy that is tailored to its specific risks and requirements.
Many cafes do not secure liability insurance policy due to the cost of premiums. However, in the event of a claim, out-of-pocket costs for a legal defense or settlement can far exceed premium costs. In some cases, the costs of a claim could be enough to shut down your cafe operation. Our cafe insurance brokers can offer a range of cafe liability insurance packages which can protect your cafe or restaurant from losing money if any accidents happen.
What is Public and Products Liability?
- PUBLIC LIABILITY
- PRODUCTS LIABILITY
- limits of liability
Public Liability protects you and your business against the financial risk of being found liable to a third party for death or injury, loss or damage of property or economic loss resulting from your negligence.
Products Liability covers you and your business against the financial risk of being found liable to a third party for death or injury, loss or damage of property or economic loss resulting from the failure of your product or the products you are selling at your cafe or restaurant.
The insured can choose from the following liability limits :
Higher limits can be obtained if required.
For more information about Public and Products Liability Insurance for your cafe operation, speak to a broker on (03) 9791 6688.