The Difference Between Public Liability and Product liability Insurance

Описание к видео The Difference Between Public Liability and Product liability Insurance

Do You Know the Difference Between Public and Product Liability Insurance?

Product liability and public liability are insurances that can be bought together as a bundle under commercial general liability insurance

They are both top insurances needed to protect the business’s liability when things don’t go the way planned.
Having the right liability insurance is crucial for a business as it can save a company from substantial financial loss and reputation damage. 

In addition, both public and product liability cover third party injuries and property damage due to business mistakes/ activity.This video will explain the purpose of public liability and product insurance and the difference.

Brief Description :

Public Liability insurance protects the insured if a third party sues the business, alleging that business activities or negligence caused them some type of bodily injury, death or property damage.

Product liability insurance provides cover against bodily injury or property damage claims against a product a company- sells, makes or distributes.

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Website: https://www.redasiainsurance.com/  

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