Liability Insurance
If you are in business then you are liable if you cause injury to others.
That is a simple definition. There are numerous examples where that definition has been broadened.
That is why you cannot afford to be without liability insurance in Ireland.
We have broken liability insurance down into five categories as follows:
Employer's Liability Insurance
As an employer you are responsible for the welfare of your employees. You have a duty of care towards them. If you are held to have breached that duty, you will have to pay compensation.
Can you afford to ? What impact would this have on your business? Even if you can afford to, pay compensation, is this a good use of resources. Remember, an insurance premium paid on behalf of your business for employer's liability insurance in Ireland is tax deductible.
Various factors can influence the premium you pay, such as number of employees, type of business, risk factors, history of claims.
Public Liability Insurance
If you cause injury to another, then you are liable to pay compensation.
If you invite members of the public onto your premises, and the condition of your property causes them to receive an injury then you could be facing a large claim for compensation and legal costs.
Talk to one of our qualified experts today for tips on how to reduce your public liability insurance costs.
Product Liability Insurance
If you manufacture a product which is faulty in any way and which causes injury to the user, then you could be facing a large number of claims.
It is a worry that all producers face. That is why product liability insurance was developed.
As the production process and the risk factors vary so much between individual companies you should talk to one of our qualified experts to ensure that you have covered everything at the best value premium. The consultation is free. It will give you peace of mind and leave you free to concentrate on developing your product.
Directors and Officers Liability Insurance
Directors and Officers owe a duty to the company. If they are negligent in their capacity as directors or officers they can be sued. If their actions cause loss to the company, there is little comfort to be gained in suing them if they have little or no assets. That is where directors and officers liability insurance comes to the rescue. It will cover the losses,costs and expenses incurred as a result of their negligence as stated in the policy document. No company should be without it.
Combined Liability Insurance.
Combined liability insurance takes the best of the previous policies and packages them to suit the individual business.
It is important to quantify your needs and ensure that the policy covers them adequately.
You don't want to under insure or over insure.
You should talk to one of our qualified experts today.
Contact us by telephone on 1890 666 666 or click on the call me back buttton above
or click on the quote button (above) to start the comparison process today.
