Definition of Public Liability Insurance
What does public liability insurance cover?
Public liability insurance covers claims made against your business by clients, contractors, or members of the public for accidental injury or damage to their property. This could arise from an incident on your business premises or as a direct result of your operations.
In the case your business is found to be responsible, this insurance will cover the associated costs, including compensation payouts and legal fees such as the cost of defending yourself in court.
Public liability cover ensures you’re protected for these instances and offers something different to other insurance types. For instance,
professional indemnity covers claims of fault with your work and
employers’ liability covers you specifically for claims from employees.
Basically my understanding is coverage for acts of malpractice by employees is covered.
I may be wrong.
A key question for me is whether the insurance would kick in where there is no admission of guilt.
As you know currently they do not acknowledge guilt.