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Questions and Answers
Which of the following is true about public liability insurance?
Which of the following is true about public liability insurance?
What was the earliest form of public liability insurance in the UK?
What was the earliest form of public liability insurance in the UK?
What led to the development of employers’ liability insurance in the UK?
What led to the development of employers’ liability insurance in the UK?
What is the legal foundation for most public liability claims?
What is the legal foundation for most public liability claims?
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What is excluded from public liability policies?
What is excluded from public liability policies?
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What type of businesses need public liability insurance?
What type of businesses need public liability insurance?
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What is the policy limit for public liability insurance?
What is the policy limit for public liability insurance?
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What is not covered by public liability insurance?
What is not covered by public liability insurance?
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Is public liability insurance mandatory for businesses in South Africa?
Is public liability insurance mandatory for businesses in South Africa?
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Which of the following is true about public liability insurance?
Which of the following is true about public liability insurance?
Signup and view all the answers
What was the earliest form of public liability insurance in the UK?
What was the earliest form of public liability insurance in the UK?
Signup and view all the answers
What led to the development of employers’ liability insurance in the UK?
What led to the development of employers’ liability insurance in the UK?
Signup and view all the answers
What is the legal foundation for most public liability claims?
What is the legal foundation for most public liability claims?
Signup and view all the answers
What is excluded from public liability policies?
What is excluded from public liability policies?
Signup and view all the answers
What type of businesses need public liability insurance?
What type of businesses need public liability insurance?
Signup and view all the answers
What is the policy limit for public liability insurance?
What is the policy limit for public liability insurance?
Signup and view all the answers
What is not covered by public liability insurance?
What is not covered by public liability insurance?
Signup and view all the answers
Is public liability insurance mandatory for businesses in South Africa?
Is public liability insurance mandatory for businesses in South Africa?
Signup and view all the answers
Which of the following is true regarding public liability insurance?
Which of the following is true regarding public liability insurance?
Signup and view all the answers
What is the legal foundation for most public liability claims?
What is the legal foundation for most public liability claims?
Signup and view all the answers
What is excluded from public liability policies?
What is excluded from public liability policies?
Signup and view all the answers
What led to the development of employers' liability insurance in the UK?
What led to the development of employers' liability insurance in the UK?
Signup and view all the answers
What is the purpose of public liability insurance?
What is the purpose of public liability insurance?
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What is the policy limit range for public liability insurance?
What is the policy limit range for public liability insurance?
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What is not covered by public liability insurance?
What is not covered by public liability insurance?
Signup and view all the answers
What is the purpose of risk management measures required by insurers for public liability insurance?
What is the purpose of risk management measures required by insurers for public liability insurance?
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Is public liability insurance mandatory for businesses that interact with the public?
Is public liability insurance mandatory for businesses that interact with the public?
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Study Notes
Specific Liability Insurance Contracts - General Insurance (Public) Liability
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Public liability policies are also known as general liability policies in the UK or comprehensive general liability insurances (CGL) in the US.
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Public liability insurance was considered to be against public policy until the middle of the 19th century.
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The earliest form of public liability insurance in the UK was insurance of carriage drivers by the London and Provincial Carriage Insurance Company Ltd.
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Employers’ Liability Act 1880 led to the development of employers’ liability insurance and wider liability cover for accidents at the workplace.
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Public liability claim generally arises from an accident connected with defects in the insured’s business premises or accidents connected with his business activities.
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The legal foundation for most PL claims is negligence, except in the area of occupational health and industrial safety.
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For a PL policy to respond, there must be legal liability on the part of the insured to compensate the injured party.
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The occurrence wording in PL policies means that the injury, loss or damage suffered by the 3rd party must occur in the period of insurance.
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Liability for injury to employees in the course of their employment is excluded from PL policies.
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Liability arising out of the ownership, possession or use of mechanically propelled vehicles is covered under motor 3rd party liability insurance.
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PL policies are subject to a wide range of exclusions to exclude both uninsurable risks and those covered under more specific policies.
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When assessing the level of public liability risk on any given location, the premises risk and work-away risk arising from work carried out by the insured elsewhere should be considered.Public Liability Insurance: Who Needs It?
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Any business that interacts with the public is exposed to the risk that public liability insurance covers.
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Public liability insurance covers the cost of compensation to be paid to members of the public who have suffered an injury or damage due to the negligence of the insured.
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City of Johannesburg, which offers services to the public, can be sued if those services are negligently provided leading to injury.
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The hospitality industry, including hotels, also needs public liability insurance as patrons can be injured on the premises.
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Universities may require public liability insurance due to the risk of injury or damage caused by their operations.
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Public liability insurance is not mandatory, but many businesses choose to have it to protect themselves from financial loss.
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The cost of public liability insurance varies depending on the industry, the size of the business, and the level of risk.
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Public liability insurance covers legal fees and expenses in addition to the compensation paid to the injured party.
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The policy limit for public liability insurance can range from R1 million to R100 million or more.
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Public liability insurance does not cover intentional acts or criminal activity.
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Insurers may require businesses to take certain risk management measures to reduce the risk of liability claims.
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In South Africa, public liability insurance is not regulated by law, but insurers must comply with the financial sector regulations.
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Test your knowledge on public liability insurance with this quiz on Specific Liability Insurance Contracts - General Insurance (Public) Liability. Learn about the history and development of public liability insurance, the legal foundation for claims, and who needs this type of insurance. Find out about policy wording, exclusions, and policy limits. Whether you're a business owner or just interested in insurance, take this quiz to see how much you know about public liability insurance.
