Augusta
VIP Contributor
Liability insurance is mostly offered by insurance company to helps protect an insured and his business financially. However, it can as well offer protection to others an insured work with.
So who are those that get Covered With a Liability Insurance Policy?
So apart the business owner being covered by the this policy, the Wholesaler or Manufacturer of the business are also covered - This means that if an insured business sell products from wholesalers or manufacturers and a buyer is harmed by the bought product. This insurance policy will protects the insured despite the product emanating from another shop or seller.
Under the liability insurance the employees at the workplace will be covered too. so this means. If customers come up with accusations against the business workers or employees this policy will help them pay for either their legal fees. or medical costs
The next group of people that this insurance policy covers are the vendors of the business - So of an insured company give their products to vendors to sell in a different location but the vendor is hit with any claims from selling the business product. then the business vendors wlll be covered by liability insurance. So the business will enjoy on all fronts.
So who are those that get Covered With a Liability Insurance Policy?
So apart the business owner being covered by the this policy, the Wholesaler or Manufacturer of the business are also covered - This means that if an insured business sell products from wholesalers or manufacturers and a buyer is harmed by the bought product. This insurance policy will protects the insured despite the product emanating from another shop or seller.
Under the liability insurance the employees at the workplace will be covered too. so this means. If customers come up with accusations against the business workers or employees this policy will help them pay for either their legal fees. or medical costs
The next group of people that this insurance policy covers are the vendors of the business - So of an insured company give their products to vendors to sell in a different location but the vendor is hit with any claims from selling the business product. then the business vendors wlll be covered by liability insurance. So the business will enjoy on all fronts.
