As a business owner, there might be situations where your business operations cause accidental damage to people outside of your business.

For example, a customer, while on a visit to your office for a meeting, might slip and fall on the wet floor, thereby twisting her/his ankle. Or, you might be the owner of a construction company, and an explosion at one of your construction sites might lead to property damage to someone living in the adjoining premises.

In each of these cases, depending on how serious the claim is, you may end up paying a huge amount of money to settle the claim!

Luckily, you can safeguard yourself against such liability claims by opting for Public Liability Insurance. In this blog, we explain what it is, and discuss the top 3 benefits that make Public Liability Insurance a must-have business insurance in Dubai.

What Does Public Liability Insurance Mean?

Meaning of ‘Public’

Customers, guests, neighbors, delivery persons, and vendors are some examples of members of the ‘Public’ as defined by the Public Liability Insurance.

Meaning of ‘Liability’

‘Liability’ includes any injuries sustained, any fatalities caused, or any property losses and damages incurred by members of the Public that arise out of your business operations.

Examples of Incidents Eligible for the Public Liability Insurance

Third-party accidents occurring on your business property or premises.
Accidents at other places related to your business, like a client’s office.
Property damages, death, or bodily injury due to improper installation of equipment.

Property loss due to explosions, collisions, etc., caused by business operations.

Product Liability may also be covered under this policy, i.e. damages caused due to a faulty product of your company.

Examples of Expenses Covered Under the Public Liability Insurance

The Public Liability Insurance in Dubai protects your business against claims compensation to be provided to members of the public for death, bodily injuries, property damage, and other losses caused by your business activities as specified by the policy.

Within the limits of the policy, it covers various expenses like:

👉Medical expenses
👉Legal expenses
👉Property restoration expenses

Examples of Expenses NOT Covered Under the Public Liability Insurance

As one of the best insurance companies in the UAE, we can tell you that the Public Liability Insurance is not applicable under all circumstances. Some situations where it does not come into effect include the following:

👉Bodily injuries to you and your employees.
👉Damages to your own business property.
👉Expenses arising from any unlawful activity.
👉Expenses arising from any contract-based liability.
👉Deliberate negligence or willful recklessness.

Who Should opt for Public Liability Insurance?

Public Liability Insurance is not mandatory in the UAE. However, it is highly recommended that all businesses protect themselves from unforeseen accidents caused by their operations by getting appropriate coverage under this policy.

This business insurance especially advised that businesses under the following categories safeguard themselves against third-party claims by opting for Public Liability Insurance:

Businesses that have high client interaction (e.g. hospitals, hotels, BPOs).
Businesses that face a high risk of product liability (e.g. skincare products, pharmaceutical products, electronic products).

Businesses that have accident-prone operations (e.g. construction companies).
Businesses that handle large amounts of third-party data (e.g. IT and ITes businesses).

Top 3 Benefits of Public Liability Insurance in Dubai

1 Ensures Business Continuity Despite High Liability Claims

Businesses that face public liability claims frequently can find it difficult to run their business operations smoothly due to the added burden of settling such claims. It causes both financial losses as well as loss of time and effort. By getting insured under Public Liability Insurance, businesses can thrive and conduct operations as usual even when third-party claims arise.

2 Public Liability Insurance Can be Customized As Per Your Unique Needs

Depending on your industry, type of business, location, size, number of employees, and previous claims history, the policy limits and premiums can be customized to suit your specific needs and requirements. This means that smaller businesses and low-risk businesses can cover themselves with less premium, while larger, high-risk businesses can seek out better coverage.

3 The Policy Can Be Extended to Include Various Kinds of Additional Protection

In addition to the standard coverage, Public Liability Insurance in Dubai can also protect you from various other scenarios like false arrest, slander, false advertising, product liability, liability occurring on rented or leased property, wrongful entry, cost of legal investigations, liability arising out of advertising rights, costs to repair and replace damaged property, and so on.

We Can Help You Avail the Best Public Liability Insurance in Dubai and Other Parts of the UAE

As a leading insurance broker in Dubai, we have helped many businesses secure the best insurance in UAE when it comes to covering themselves with Public Liability Insurance. We take a unique client-centric approach and source the most suitable policy for you from our trusted partners. We also help you to negotiate the best terms and provide professional assistance with claims handling when required.

We understand how busy your life is and how critical it is to have all risks covered with the right business insurance when it comes to your business. This is why our team has some of the most experienced and knowledgeable insurance experts who are happy to address all your queries and reduce your insurance hassles.

Learn more about us here, explore our Commercial Insurance Services here, or get in touch with us here to request a quote.