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Professional and Commercial Liability insurance is a part of the general insurance system of risk financing.
It is designed to offer specific protection against third party claims.
If someone is injured or their property is damaged, the person or business responsible may be sued and held legally liable for the injury or property damage. Where legal liability is established, damages will be awarded to the claimant to compensate them for their injury or the damage to their property.
Liability insurance protects your business against these costs. |