Frequently Asked Questions
Here are the most frequently asked questions that have been submitted by our users. Simply click on the relevant question to get the answer you’re looking for:
- If my business is storing goods in a 3rd party warehouse, does the liability lie with us or them?
- It will depend upon the contract that is signed for storage or shipment. There are a couple of ways that cover is provided firstly Marine cargo insurance may have warehouse to warehouse clause based upon a specific bill of lading. A number of shipping agents cover goods especially where goods are delivered on a just in time basis on what is called a “stock throughput” basis where cover is arranged from manufacturer through to the end customer. Warehouses also provide options as trustees of these goods which they will generally charge for. Alternatively the customer can include the stock as an insured location under their own policy.
- What is the difference between public liability and professional indemnity insurance?
- The simplest way to explain the difference is that public liability cover is for the work that you do and professional indeminity cover is for advice you provide (on the basis that this advice is given in a professional capacity and not part of the of work being undertaken if it is part of work undertaken generally it will form part of the professional indeminity cover).
