Liability insurance protects businesses of all shapes and sizes against mistakes made by both management and employees. Sydney Insurance Brokers offers several types of cover that will protect you financially in the event of occurrences ranging from third party injuries to employee lawsuits.
General liability is combination of public and products liabilities.
General Liability covers the individual, a business and related entities (including property) for personal harm, suffering and loss resulting from general malfunctions, or injury resulting from a reasonable breakdown of the supply chain or equipment. In some cases, it can also cover property damage on part of a tenant.
Public Liability insurance deals with covering a defendant against claims of negligence that occurred reasonably within the normal course of business activity (less specific than general liability and primarily concerned with insuring against ensuing court costs).