All businesses face risks. No matter how careful you are, a customer could slip and fall on your property; one of your employees could be injured while on the job; or, you might accidently use a copyrighted photo in your advertisement. We live in a litigious society and a single lawsuit can have the potential to cripple your company and deplete your savings – which is why liability insurance is an essential part of any business insurance plan.
Here is a primer on the different kinds of commercial liability insurance available and how they can protect you and your business.
All businesses need liability insurance, but depending on the kind of business you operate, here are some specific types of liability coverage you may want to discuss with your insurance representative:
No part of this article may be reproduced in any written, electronic, recording, or printed form without written permission of Chubb.
Disclaimer - The content of the above article is not intended to constitute professional advice. Although all content is believed to be accurate, Chubb Insurance Singapore Limited (Chubb) makes no warranty or guarantee about the accuracy, completeness, or adequacy of the content of this article. Users relying on any content do so at their own risk.
Leave your contact details and our representatives will get in touch with you.