What is product liability insurance for Australian businesses?

Product liability insurance is business insurance that may help cover legal defence costs, settlements or compensation if a product manufactured, imported, distributed or sold by a business is alleged to have caused injury, illness or property damage. Cover depends on the policy wording, limits, excesses and exclusions.

How do I choose between professional indemnity and public liability for my business?

Choosing between professional indemnity and public liability insurance depends on your business activities and the risks you face. Professional indemnity insurance is relevant if your business provides advice, consultancy or specialised services and could face claims involving negligence, errors or breach of professional duty. Public liability insurance is relevant if your business interacts physically with customers, clients, suppliers or the public and could face claims involving injury or property damage. Some businesses may need both.

What should I do first after an incident that may lead to a public liability claim?

First, make the area safe and arrange assistance for anyone who needs it. Then record the facts, take photos or videos where appropriate, collect witness details and notify your insurer as soon as feasible.

What does public liability insurance help cover?

Public liability insurance is designed to help with certain third-party injury or property damage claims connected with business activities. Depending on the policy, it may help with legal defence costs and compensation costs for covered claims.

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Things you need to know about Buying a Caravan

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Introducing "Buying a Caravan: Things You Need to Know About Buying a Caravan in Australia," your guide to buying the perfect caravan.This eBook is packed with tips on everything you need to know about buying a caravan in Australia, from understanding your needs and setting a budget, to choosing the right caravan and financing options, to legal and safety considerations.

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Proximate Cause:
The primary cause of loss in an insurance claim, which sets in motion a chain of events leading to the damage or injury.

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