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Public liability Insurance

If you own your own business, you will know about Public liability (PI) insurance – it protects you and your business against the financial risk of being found liable to a third party for death or injury, loss or damage of property or ‘pure economic’ loss resulting from your negligence.

And if you DO own your own business, then PI insurnace is essential – if you don’t have PI cover, you could risk losing your other financial assets (including your own home) if you are required to pay compenation to a thrid party.

And because we are living in an increasingly litigious world, more and more people are being sued for damages on a personal level – whether this be from third party death or injury etc that occus at your home, as a result of your pet dog or from a driving accident!

So personal public liability insurance is becoming more common, to protect your personal finances against the risk of being found liable to a third party.

PI insurance often forms part of your vehicle insurance and house insurance – so start with these policiies to see what your coverage is.

And if you’re more serious about protecting your wealth from PI claims, then discuss your circumstances with an insurance broker for professional advice on the matter.


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We are not certified financial planners or advisors. The information in this website is general information only. Always consult a licensed financial planner before making any finance or investment decision.


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