Professional Indemnity Insurance and Public Liability Insurance protect against different types of business liability.

Professional Indemnity Insurance #

Professional Indemnity Insurance is designed for claims arising from professional services, advice or other insured professional activities.

Examples can include allegations involving:

• An error in professional advice
• An error or omission in a report
• Design errors
• Incorrect professional documentation
• Negligence
• Breach of professional duty

Subject to the policy terms, cover can include defence costs and liability for insured claims.

Public Liability Insurance #

Public Liability Insurance is designed for certain claims involving personal injury or property damage arising from business activities.

Examples can include:

• A visitor being injured at your premises
• Accidental damage to a client’s property
• An incident occurring while attending a worksite
• Injury allegedly caused by your business activities

Do businesses need both? #

They address different exposures.

A professional services business may need Professional Indemnity Insurance because of the advice or services it provides, while also needing Public Liability Insurance because staff attend offices, client premises or worksites.

The insurance required depends on your activities, contracts and exposures.

It is also important to remember that Public Liability and Products Liability can have different claim triggers depending on the policy wording.

If you are unsure which liability covers apply to your business, contact our team.