Liability & Contingency Insurance


Liability & Contingency Insurance

Liability and Contingency Insurance is a type of insurance coverage that protects individuals and businesses against potential liabilities and unforeseen contingencies. It provides financial protection in case of legal claims, accidents, or unexpected events that could result in financial losses.

GENERAL LIABILITY INSURANCE offers coverage for third-party claims of bodily injury, property damage, and personal injury. It protects businesses from the financial consequences of accidents or incidents that occur on their premises or as a result of their operations.

PROFESSIONAL LIABILITY INSURANCE also known as Errors and Omissions Insurance, provides coverage for professionals in case of claims arising from errors, omissions, or negligence in the performance of their professional services. It is designed to protect professionals against financial losses resulting from legal actions and damages awarded to clients or third parties.

PRODUCT LIABILITY INSURANCE protects manufacturers, distributors, and sellers against claims related to the use or consumption of their products. It covers legal expenses, settlements, or judgments resulting from injuries or damages caused by a product's defect or failure.

PUBLIC LIABILITY INSURANCE provides coverage for liabilities arising from accidents or incidents that occur in public spaces or during public events. It offers protection against third-party claims for bodily injury, property damage, or personal injury caused by the insured's activities or premises.

ENVIRONMENTAL LIABILITY INSURANCE protects businesses against liabilities arising from environmental pollution or contamination. It covers the costs of cleanup, remediation, and legal expenses associated with pollution incidents, ensuring financial protection in case of environmental damage claims.

CONTINGENT BUSINESS INTERRUPTION INSURANCE offers coverage for financial losses resulting from the interruption of your business operations due to contingencies beyond your control. It protects against losses caused by disruptions to your supply chain, key suppliers, or dependent business partners.


Liability & Contingency Insurance

The specific coverage, limits, and terms of Liability and Contingency Insurance policies will vary depending on the type of insurance and the specific risks being covered. It is important to work with an experienced insurance broker, such as Plum Insurance Brokers, to assess your specific needs, understand the available coverage options, and secure the most suitable insurance protection to mitigate potential liabilities and contingencies.