Public Liability Insurance - Ensure You're Covered!

Insurance is unlikely to be the number one topic of conversation when you discuss your business affairs.  But a recent case highlighted the need to keep under regular review the nature of insurance cover and, in particular, the level of cover.

Do you know the level of indemnity on your public liability and employer's liability policy of insurance? When did you last review it? Does your broker discuss this with you at annual renewal?

We recently assisted a client in resolving a very serious injury case where the limit of indemnity on the public liability policy was £5m.  A visitor to the farm was rendered a paraplegic as a result of an incident that could be regarded as a freak accident.  A large bale of straw fell onto the claimant and the personal injury claim was advanced at a figure close to £9m.