In business, you have a legal responsibility towards employees, customers and the public. You could be sued if a third party suffers injury or property damage due to your negligence.
Liability insurance can be provided to cover your defence costs and to pay compensation where the business is found to be at fault.
There are three main categories of liability insurance: Public Liability - Protection against your legal liability for bodily injury to third parties and damage to their property
Products Liability - Protection against legal liability for injury or damage by goods supplied
Employers Liability - Protection agaist your legal liability for injury to employees