The policy provides cover for all sums for which the insured shall be legally liable to pay to third party or members of the public in respect of bodily injury including death or illness and damage to their property in connection with the insured’s business. The policy in addition to the above also covers claimant’s cost and other legal costs incurred with the written consent of Underwriters. The risk can either emanate from these two sources.
- Work-Away-Risks: These relate to legal liabilities of the insured outside the premises caused by employees in connection with the insured’s business i.e road construction work, dredging or erection of billboard etc.
- Premises Risks: These are risks usually associated with the legal liabilities of the insured as occupier(s) of the insured premises. The insured owes visitors who are legally on the premises a duty of care, and any breach of this duty imposed on him by common law lays him open to liability.