About Public Liability Insurance
Public Liability Insurance protects your business against claims legally liable due to injuries suffered or damage to property because of the negligence of your employee. It ensures your business is protected from any third-party claims in Singapore, including liability that arises from the use of electric vehicle chargers. For example: due to negligence of your employee, a customer accidentally trips over a piece of equipment and injures him or herself and may seek compensation legally. These unexpected “accident” costs incurred may be detrimental to your business. Hence, it is crucial to ensure your business is covered with our Public Liability Insurance.
Coverage includes third party injury and damage to third party’s property due to negligence of your employee. It also helps you to lessen your financial burden in the event that you are caught in an unfortunate legal suit.
The coverage of the Public Liability Insurance only applies to said business at your business premise and anywhere in Singapore in connection to your business.
Although it is not compulsory under Singapore law to purchase a Public Liability Insurance, it is highly encouraged for all businesses to have a Public Liability policy in place. With this, you and your employees can enjoy peace of mind.