Public liability insurance is the most important type which has so many advantages over the civil wrongs. Here, the injured person is listed as an applicant that typically sues the respondent who is actually an owner or occupier of the business or the company. This whole process goes under the common law that is based upon the damages or negligence.
The successful claim is the one where the issue has been solved out after doing the perfect investigations. The investigation team is actually associated with the insurance company that is responsible for finding out the exact clues in relation to the claim.
Once the owner is aware of the duty of taking care, most of the problems will be solved. Based upon the various facts and losses the court would award the financial compensation package. In Asia, this law has not taken its real face since most of the people try to neglect it even after knowing its importance.Public liability insurance imposes its effect on the property managers or owners who should be aware of such policies. Occupiers or the owners are required to provide a special level of care where the duty of care is not the same for all the people i.e. it varies.
The most important thing that makes a difference is the type of issue a person is dealing with. Actually the level of care is able to attract the different groups of individuals which are mentioned below:
- Licensees: These people enter in the premises with the permission and are available only for making business (commercial travelers, salesmen etc). These people are not extreme like invitees.
- Invitees: Such people are invited by the owner into the complex which can be either through advertising or through marketing. Thus, here the greatest duty of care is required since invitees are there simply because you asked them to come.
- Trespassers: Such people are the ones who do not take any permission of the owner and simply call as visitors. In this case the security is essential but not to the extent like in case of invitees.
Thus, Public liability insurance has so many specifications that must be followed as a part of rule and regulations.
By John Benson