There are many different types of liability insurance. Brady Insurance has for almost half a century supplied cover to many different clients from contractors, developers, manufacturers to retailers.
There are four main types of liability insurance:
- Public Liability Insurance
- Employers Liability Insurance
- Product Liability Insurance
- Professional Indemnity Insurance
Public Liability Insurance
Public liability insurance is designed to cover your business in the event that you are sued by a third party who feels that they have suffered a loss as a result of your negligence. It covers your legal liability to a third party. Even if you did not act negligently and subsequently no damages were awarded you could still have a large legal bill to pay. Public liability insurance will not prevent claims from happening, it will however cover your business in the event that there is one. If you are a sole trader and not a limited company your personal assets could be exposed if you were proved to be negligent. Brady Insurance has a very experienced team who will help you get the correct cover for your needs and advise you on actions you can take to reduce your exposure to claims. Our team will create a detailed submission as the insurers rate each premium on an individual basis. They look at some of the following information: Consider these elements and get a quote for your business today by contacting us on 0719620193 or email info@bradyinsurance.ie Employers Liability Insurance Employers Liability Insurance protects your business against your legal liability for injury, illness, disease or death of any employee under a contract of service. Product Liability Insurance provides cover in respect of legal liability arising from products sold or supplied, or work or services which you have undertaken in the course of your business up to the selected amount of cover during any one period of insurance.
Public liability insurance is available with the following limits of indemnity €1.3 Million, €2.6 Million & €6.5 Million which should be ample to protect you, although higer limits are available.
Workplace accidents are the very common in Ireland, particularly falls from heights and working with machinery in construction and agriculture sectors. In 2008 there were 7658 work related injuries and 57 work related deaths in Ireland. While employers may endeavor to adhere to safety regulations as well as possible, they still need protection from litigation.
Brady Insurance has a lot of experience in helping clients improve and record their safety procedures in order to protect their employees but also to drive their premiums down. We can assist in getting your safety statement together, putting contractor checking systems in place, induction training, translation for foreign nationals among other things.
Product Liability Insurance
Limits of cover for product liability insurance usually mirrors public liability insurance limits of indemnity and again are usually €1.3 Million, €2.6 Million & €6.5 Million.
Please email info@bradyinsurance.ie or call 0719620193
Main Street, Elphin, Co. Roscommon. P: 071 963 5018 F: 071 963 5357 E: info@bradyinsurance.ie