As Facilities Managers we always ask for details pertaining to Public Liability, Professional Indemnity, Product Liability & Employers Liability Insurance.

But do we know what each insurance is for?

Ensuring your suppliers and contractors are sufficiently insured is a control measure against what can be a large financial risk to your business if something were to go wrong.

Insurance is a means of protection from financial loss. It is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss.

Public Liability Insurance

Public liability insurance covers the cost of claims made by members of the public for incidents that occur in connection with your business activities. Public liability insurance covers the cost of compensation for: personal injuries. loss of or damage to property.

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Professional Indemnity Insurance

If you are alleged to have provided inadequate advice, services or designs to a client, professional indemnity insurance provides cover for the legal costs and expenses in defending the claim, as well as compensation payable to your client to rectify the mistake.

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Product liability insurance

Product liability insurance covers the cost of compensating anyone who is injured by a faulty product that your business designs, manufactures or supplies.

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Employers Liability Insurance

The Employers’ Liability (Compulsory Insurance) Act 1969 ensures that you have at least a minimum level of insurance cover against any such claims. Employers’ liability insurance will enable you to meet the cost of compensation for your employees’ injuries or illness whether they are caused on or off site.

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For a more basic overview on business insurance there is a great article at the Simply Business website.



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