What is the purpose of liability insurance?

In the ordinary course of business a company could cause damage to the property of others, or even injure people. As a result the company may become legally liable for the negligence or wrongful acts of the company’s employees, directors, subcontractors, customers, suppliers and shareholders – to name just a few.

Even though the company should do everything it reasonably can to prevent liability, it is simply not practical for a business to anticipate and prevent every possibility.

If the company is at fault, then it might be sued for Damages. The Camargue General Liability policy has been designed to pay for these Damages – even if the matter is settled out of court. Legal costs incurred in defending the matter as also covered.

The policy provides worldwide cover, however there are restrictions in terms of USA and Canada.

Introduction to Liability