Public Liability Insurance
Having access to the same premises as the public, be it an eating area, your marquee, or just some free standing plastic chairs and tables, means you should think about public liability insurance.
It can help protect you against compensation costs and legal fees, which you could be required to pay if a member of the general public suffered an injury or accidental damage to their property due to your negligence at work.
For example, you were asked to cater at a wedding and were carrying a hot plate with food to be served. Suddenly you tripped over a chair, lost your balance and dropped the hot plate. All of its content accidentally landed on guests seating nearby. They got burned and had to be taken to a hospital. As a result you could be facing not only a wrath from newlyweds’ and their families but also hefty compensation costs for injuring the guests and ruining the special day.
Employers’ Liability Insurance
The second type of liability policy is employers’ liability insurance. This is a compulsory form of insurance for anyone that employs staff, including temporary, seasonal and contract workers as well as students and interns. It could cover you against claims made by your employees which resulted from an injury or illness they suffered because of work they carried out under your employment.