Public Liability Insurance

Protect your Business from Third Party Liability Claims

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Public Liability Insurance

Protect your Business from Third Party Liability Claims

Protect the Liabilities of your Business

Depending on the type of business, public liability could be a contractual requirement. In some instances, it needs to be in place before commencing work such as renovation or construction for commercial and private properties.

Without insurance against legal liabilities to the public, it may cause costly interruptions to your business. For businesses that carry significant risks such as manufacturing, repair works, or where work needs to be done outside of business premises, this is definitely crucial.

Accidents happen from time to time, but they do not need to hurt your business. Public Liability Insurance can help protect your businesses against interruptions such as by covering the legal expenses made by any claimant against you.

Key Areas of Protection

Unexpected workplace accidents

Compensation for bodily injuries of 3rd parties

Compensation for property damages

Coverage for legal costs

Focus on your business knowing you are well-protected

There are no laws that require companies to have Public Liability (PL) insurance in Singapore. This means that if someone were injured on your property and successfully sued you, it would be up to the courts to decide how much compensation they should receive.

Insurance helps safeguard your business against such legal liabilities. Being a considerable inconvenience, high premiums and unexpected lawsuits are the last things you would want.

As a business owner, we understand you would want the most out of your insurance policy. g&m provides a tailored approach to insurance by comparing policies across some of the largest insurance companies and effectively sourcing the best policies suited to your business needs.

Focus on your business while we protect it. Ensure the best protection by consulting with us today.

Contact Us and get your Business Protected
Frequently Asked Questions About Public Liability Insurance In Singapore

Many things could go wrong within business premises. Unexpected events may happen daily, from simple slips and falls to accidents during goods delivery, which may cost your business thousands of dollars in medical bills and legal fees and potentially result in heavy financial losses.

Our tailored approach towards Public Liability Insurance in Singapore, you can have one less thing to worry about as a business owner.

Contact us today so we can better advise you on the eligibility.

Depending on the type of business, it is a contractual requirement to be insured for public liability. In some instances, it is a mandatory requirement to be implemented before commencing work such as renovation, construction for commercial and private properties.

Without insurance against injury or accidental damage to property belonging to 3rd parties, it may lead to costly claims, lawsuits and cripple your business operations. This is more relevant to businesses that carry significant risks, such as manufacturing or repair works, direct interactions with customers, working in areas not owned by your business, and visitors from the general public who visit or interact with your working premises.

Public Liability (PL) insurance protects your business against third-party injury or damage. It can also cover legal expenses arising from claims made against your business.

In short, PL insurance projects you against unexpected work accidents, compensation for 3rd party injuries, property damages and legal defence costs.

There are no laws that require companies to have Public Liability (PL) insurance in Singapore. However, for some industries, it could be a contractual requirement.

The cost of compensation can cause unnecessary financial burden to your business.

We understand that high premiums and unexpected lawsuits are the last things you want.

g&m provides a tailored approach to insurance, to help you find the most suitable coverage with the best premiums.

It varies. Depending on the nature of business, there are different factors that affect the insurance cost. We will have to look into the type of business, size of employment (number of employees), and the risk level of your business.

Although Public Liability Insurance protects your business from compensation costs and legal defence costs, it is not mandatory for some companies.

Contact us today so we can better advise you on the eligibility.

If you are a freelancer or professional who works from home or are self-employed, you may want to consider getting Public Liability (PL) insurance to provide additional coverage for personal equipment.

A home insurance policy might not be ideal. A business policy such as PL Insurance focuses on providing sufficient cover to business contents such as computers, printers and property damage.

There are a number of exclusions:

  • Gross negligence
  • Employer’s liability
  • Products or completed operations liability
  • Professional Liability
  • Liquidated damage
  • Liabilities assumed under a contract
  • Property under care, control and custody/property being worked upon

The full list of exclusions depends on the policy contract and the above list is not exhaustive.