Public liability insurance protects a business and its owners against the financial risk of being found liable for third party claims such as death, injury, loss/damage to property or ‘pure economic’ loss resulting from business negligence.

Public liability insurance is essential for every small business.

Public liability insurance in Australia is regulated in each State and Territory and premiums are monitored by the Federal Government through the Australian Competition and Consumer Commission (ACCC) and the Australian Securities and Investments Commission (ASIC).

Consider getting professional advice on public liability insurance.

Try these sources for assistance:

• your local NSW Business Advisory Services (BAS) provider
• a solicitor
• an accountant
• insurance broker
• insurance company websites.
• the Insurance Brokers Network of Australia

Find an insurance broker according to expertise and location.