Public Liability Insurance

Public Liability

Public Liability Insurance covers general liability happening in connection with the Insured’s business. However there are exclusions for specific causes of liability, which require more specific forms of policy.

While public liability insurance is not a legal requirement for some businesses, it should be considered essential if members of the public will be interacting with your company in any way – from customers receiving deliveries to clients visiting your office or work premises.

Examples of Claims

According to the Asian Casualty Report 2014, A 49-year-old UK-based former senior executive in the health and social care sector is suing a VIP-hotel in High Court for about SGD 5 million (USD 4 million) in damages due to negligence. The damage sum consists of business losses, pre-trial loss of earnings, loss of future earnings and medical expenses.

On 7 May 2011, the plaintiff slipped on the floor of the defendant hotel’s lobby. She injured her left knee, twisted her ankle and suffered back injuries. Due to complications following her discharge from hospital, she is now suffering from complex regional pain syndrome and is wheelchair bound.

On 2 August 2013, the defendant hotel’s insurers accepted a 50% liability to avoid a lengthy trial. The amount of damages will be assessed by a court registrar.

Source: Straits Times, 29 March and 3 August 2013.