Public and Products Liability
Protect your business with CMTIA’s Public and Product Liability Insurance from just £59/year — covering all third-party claims and product-related issues.
What is Public and Products Liability Insurance?
Public and Products Liability Insurance is essential for businesses to manage risks associated with third-party claims. This insurance covers compensation costs and legal fees you may need to pay if your business activities harm someone other than an employee or damage their property. This type of liability insurance cover is crucial for sole traders, small businesses, and anyone selling products. Market and event organisers often require proof of public liability insurance, ensuring you’re covered against potential legal action and compliance with health and safety regulations.
What is the difference between Public and Product Liability Insurance?
Public and Product Liability Insurance helps manage risks associated with legal action, compensation claims, and property damage, but they apply in different scenarios.
Public Liability Insurance protects against claims for injury or property damage resulting from your business activities and services, including those involving you and your employees. It is crucial for anyone engaging with members of the public or operating in environments where accidents might occur.
Product Liability Insurance covers claims related to the products you sell, supply, or manufacture. This type of insurance is vital for businesses that produce or handle goods, as it protects against compensation claims arising from faulty products.
Public and Products Liability (£10,000,000 limit) + Employers’ Liability
£98.50
per year*
Features & Benefits
Protects against claims by third parties for death, bodily injury (including illness), or property damage
Limits of Indemnity of either £5,000,000 or £10,000,000 any one event (for Products Liability all events in the period of insurance)
Option to increase the Limit of Indemnity to £10,000,000 part way through the period of insurance for a set additional premium
Covers online sales for similar products sold at craft or market stalls (excluding sales to USA or Canada)
No excess
Including:
- Principals Liability – event organisers often stipulate this extension is required
- Libel and Slander - £250,000 limit for all claims in the period of insurance
- Data Protection - £5,000,000 for all claims in the period of insurance
- Safety Legislation – assists with legal representation in connection with alleged breaches of statutory duties
- Compensation for court attendance - £500 per day (where AXA request your attendance at court)
Main Insurance Exclusions
- Aviation and hovercraft products
- Safety critical motor products
- Firework products
- Hot work activities (other than the cooking of food)
- Products sold to USA or Canada, whether knowingly or unknowingly
- Second hand electrical products
- Vaping and e-cigarettes including replacement liquids, chargers and accessories
- Treatment (whether be physical, mental, or cosmetic) other than the sale of proprietary cosmetics
- Product recall or rectification of defects
- Delivery of Professional Services
Do you need insurance cover?
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