Casualty
Businesses have a duty of care to their customers and the general public. In today's increasingly litigious world, companies and other organisations are increasingly likely to find themselves held liable for accidents and events that cause injury to these third parties or damage to their property.
Public and products liability insurance protects businesses against the costs of compensating third parties if they suffer bodily injury or damage to their property. This cover pays for the claimants' legal costs, the costs of defending the action as well as the cost of compensation to the third party.