Common accident claims identified
Public liability insurance can be a crucial form of financial cover for businesses. It provides protection against unforeseen claims, including those made as a result of injuries sustained by people while on companies’ premises or as a result of their work.
As well as helping to avert potential financial disasters, insurance like this can also boost managers’ peace of mind.
An article featured in the Independent recently drew attention to some of the most common causes of personal injury claim in the UK and it noted that slips and trips are particularly frequent sources of legal action.
It remarked: “These are one of the most commonly claimed-for accidents due to the sheer number of hazards that we face just by stepping outside the door every day.”
For example, people can slip on a wet floor in their local supermarkets, the article pointed out.
When organisations responsible for the areas in question have not taken responsibility for ensuring they have provided a safe environment for members of the public, they may be found to be at fault in relation to the accidents. In turn, this means they might be liable to pay potentially large compensation sums.
If firms do not have sufficient liability insurance in place, they can quickly find themselves in deep financial strife.
Thankfully, it is now easy for businesses to source the cover they need to ensure that these disaster scenarios do not occur. In the long term, effective insurance can help make the difference between the success and failure of organisations.
Meanwhile, the importance of these policies is arguably rising all the time. Consumers are increasingly aware of their legal rights and they are much more likely to sue as a result of accidents and injuries these days than they were in the past. They can take action in relation to incidents both large and small.
