One of the more common subsidiary's of the wider ‘Liability Insurance', Public Liability Insurance, whilst not a compulsory business insurance, can be a lifeline for any working company or individual should something an incident occur with a member of the public.
What is Public Liability Insurance and why is it needed?
Ideal for any individual or company working with the public, or where the public visit a company's premises, Public Liability Insurance ensures that the company or individual is covered should an accident occur to a member of the public on their premises. Further to this, Public Liability Insurance also covers any accidents or incidents that may occur when the individual or company is carrying work out on their client's premises.
Including the cost of all legal fees' that may occur, whilst not mandatory, Public Liability Insurance is highly recommended for anyone carrying out work with the public.
It has to be noted that Public Liability Insurance only covers claims from third party's and not employees of your company. This is where Employer's Liability Insurance comes into play.
What exactly does it cover?
Public Liability Insurance covers the individual or the company in the event of an accident on your premises or their premises. Imagine one of the following scenarios –
A small-scale wedding business has just opened its first shop in a small shopping centre. When trying on a selection or wedding dresses, a lady trips on one of the wedding dresses that has been left on a chair, trailing on the floor, breaking her wrist. Public Liability Insurance would cover any expenses incurred should the lady pursue a claim against the business.
Out on location for magazine photo shoot, a freelance photographer leaves one of his tripods lying down on the floor. A member of the public walks by and falls over the tripod and injures her arm. Public Liability Insurance with ensure that the photographer was covered if the member of the public claimed against them.
How much cover is needed and how much will it cost?
For small businesses, Public Liability Insurance with a cover of £1m will generally suffice. Whilst the figure of £1m may seem excessive, if an incident happened and several claims were made against the company or individual, then the costs can soon mount up.
The positive side about Public Liability Insurance is that, although the cover of £1m is a substantial one, it is not directly reflected in the premiums that are paid. It's impossible to give a ‘general' premium cost, as it varies quite considerably from business to business. Companies such as pubs and shopping centre's will have a much higher premium than a self-employed consultant who works 90% of the time from home, as there is a much more higher risk that an individual will be injured in the shopping centre than there is when in contact with the self-employed consultant. However, for a small business with a modest footfall figure, Public Liability Insurance can be purchased from around £10 per month, which is a small fee to pay should something happen resulting in a claim needing to be made.
Public Liability Insurance is an insurance that all business should have if they have some contact with the public. It's not a compulsory insurance - but it definitely should be.
Of Public Liability Insurance
It is imperative however, that we have the permission of our clients to seek the evidence from various institutions and treatment providers. This is facilitated by way of a signed authority from the client, including a medical authority, freedom of information authority and a Health Insurance Commission authority.
(1) Medical Evidence:
First and foremost, medical evidence will be derived to document the physical and psychological injuries and disabilities that have been incurred due to an accident.
Various sources will be relied upon to provide the medical evidence, and this will include contemporaneous evidence from suppliers such as the hospital which the client may have attended upon. A request made to the hospital will provide an Ambulance Report, the admission notice, the clinical notes and oftentimes surgery reports, as well as the discharge notice.
Also, treatment providers, i.e. a general practitioner, physiotherapists, psychologists, counsellors, etc will also be relied upon to provide clinical notes and progress reports to document the claimant's injuries.
Indeed, it may also be necessary to commission a report from a claimant's treatment provider to provide insight into the nature and extent of the injuries and the consequent impact on the claimant's life, economic standing, and treatment needs.
This process of collecting all the medical evidence will culminate in the commissioning of a medico-legal report by a specialist medico-legal doctor nominated by the firm. It is common practice that such a report will not be requested until there is confirmation from the treatment providers that the claimant's injuries have indeed stabilised. The general rule of thumb is that stabilisation will normally occur approximately 9-12 months after the date of the accident.
The medico-legal report is of great importance, as this will provide an indication as to the extent of the damages that can be claimed for the claimant's injuries. This will be ascertained by the percentage of bodily impairment nominated by the medico-legal doctor. This percentage will then be converted into a monetary figure by making reference to specific charts and legislative provisions.
(2) Liability Evidence:
Liability evidence is pertinent to prove that the defendant is indeed at fault for the subject accident and therefore should be responsible for compensating the claimant for their damages.
One of the most common sources of liability evidence is the claimant's statement. Witnesses of the accident can also provide liability evidence by way of a statement.
If indeed liability may be a sticking point in a claim, it is common practice to commission a liability report whereby an investigator trained in that particular field of law, i.e. slip and fall expert, will attend upon the place of the accident and comment upon the issues of liability.
Photographs of the accident site and sketches are also invaluable forms of liability evidence.
(3) Economic Loss:
It is not unusual for people who have been in an accident to be unable to return to work for an indefinite period of time, or at least to return to work on modified duties. As a result, a claimant may suffer financial loss as result of their injuries. This loss may be for a closed period of time, i.e. claimants may be unable to return to work for three months and then resume their pre-accident duties. Others may however, be unable to return to work or be deemed fit to return to work on modified duties or sometimes consider a complete change of employment. Consequently, claimants may suffer economic los in the future, also.
In order to quantify past economic loss, it is vital that clients instruct their solicitor the periods in which they did not work. It is also of great import that clients provide notices of assessment, group certificates, pay slips for the period three years before the date of the accident and the period thereafter.
It may also be necessary to obtain an economic loss report from a specialist economic loss expert.
(4) Gratuitous & Paid Care:
Claimants may also find that their injuries have greatly impeded upon their lifestyle to the extent that they are unable to attend to daily tasks as before the accident.
It is quite common for claimants to be unable to attend to personal hygiene, dressing, cooking, cleaning, everyday household chores, etc. Therefore, claimants will often be the recipient of gratuitous care and assistance from family and friends. Or, claimants may employ gardeners, maids, etc to assist.
As the law stands, a claimant may be entitled to receive compensation for past gratuitous care if it meets the threshold of 6 hours of assistance per week for 6 months. Statements from the caregivers can support such a claim, as can invoices for paid assistance.
(5) Medication, Treatment & Travel Expenses:
Claimants are also entitled to recover expenses that they have incurred for medication, treatment and travel. Again, invoices and receipts are essential to buttress these claims.
How We Help You Prepare Your Claim & Get The Best Results
Here at Gerard Malouf & Partners we pride ourselves on our aggressive pursuit of securing our client's entitlements to full and complete compensation. We have over 20 years of specialised expertise in personal injury law, and we are prepared to take the gambit and take on claims other firms simply will not.
Having extensive expertise at our fingertips, we will guide our clients through their claim every step of the way. With client satisfaction at the core of our ethos, we have implemented a streamlined process which takes all the stress and anxiety out of the pursuit of legal action, and our clients? feedback has been most promising.
Both Rakesh Gaikwad & Gerard Malouf Solicitor are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Rakesh Gaikwad has sinced written about articles on various topics from Finances, Home Management and Auto Insurance. Motor Direct is an independent intermediary with a wide range of insurers, providing with choice and finding the policy that best suits your needs, and grant you discount where. Rakesh Gaikwad's top article generates over 49500 views. to your Favourites.
Gerard Malouf Solicitor has sinced written about articles on various topics from Legal Matters, Backpain and Liability Insurance. Gerard Malouf is a leading Australian who is an Accredited Personal Injury Specialist with over 26 years experience in insurance and negli. Gerard Malouf Solicitor's top article generates over 5400 views. to your Favourites.
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