Why Public Liability Insurance Is Essential for Your Business
Public liability insurance is designed to protect your business against third-party injuries and property damage. Since different businesses encounter varying levels of liability exposure – some significantly higher than others – it’s essential to select the right public liability insurance for your specific needs.
Third-party injuries or damages can lead to substantial financial burdens for your business, making it crucial to have the appropriate public liability insurance policy in place.
What Are The Different Types of Liabilities?
Different types of public liability insurance may be necessary depending on your business and its activities to ensure you are adequately protected from financial loss.
Public Liability Insurance
Public and products liability indemnifies companies against third party bodily injury and property damage. Every business faces unique liability exposures, with some being more significant than others. That’s why having the right coverage is crucial; serious injuries or property damage can lead to devastating financial consequences for your business.
Management Liability
In today’s litigious society, increased regulations have raised operating risks for many Australian businesses. No matter the size of your company, as a business owner, you can face serious fines, breaches, or lawsuits, which can jeopardize your financial stability and put both you and your business in a precarious situation.
Matrix Insurance offers comprehensive and very affordable Management Liability Packages which covers a wide range of issues, including breach of duty, discrimination, harassment, unfair dismissal, and employee dishonesty, just to name a few.
Today
Contact Matrix Insurance today on (08) 6555 7742 to speak with an insurance broker who can help you.
