Public Liability Insurance protects businesses from lawsuits
Public Liability Insurance (TPL) is a type of insurance that protects businesses from lawsuits arising from injury or damage to third parties.
TPL can help cover settlement costs, legal fees, and other expenses associated with a lawsuit.
TPL is important for businesses of all shapes and sizes, but it is especially important for businesses that interact with the public.
For example, businesses that own retail stores, host events, or provide professional services are all at risk of being sued by third parties.
This can include things like:
1. Someone trips and falls at your place of business
2. Your product caused injury to someone
3. You accidentally damage someone else’s property
TPL can help protect your assets and provide peace of mind in the event of a lawsuit.
There are several different types of TPL policies available, so it’s important to choose the right one for your business. A basic TPL policy will cover settlement costs and legal fees, but you can also purchase a p
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