Find out about the many instances of personal injuries occurring in commercial locations and how public liability insurance can assist in defending your business against the risk of these claims. For risk-free business, you can also get public liability insurance in Hong Kong via Trusted Union.

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Companies that are directly linked with the public can be prone to risks because of the possibility of accidents, despite having made an effort to prevent these. 

If a customer or other individual sues you for injuries, death, or property damage that occurs at your place of business and you don't carry insurance for public liability and you are not insured, you could face substantial expenses that could cripple your company.

The liabilities pose a serious financial risk to businesses. Beyond the claimed amount and the legal fees that are incurred to defend the claims that are filed by third parties will also be borne by the business. Thus the need for public liability insurance is essential to stay out of this unexpected and costly cost.

Statistics on injuries claimants: According to the report released from the Injuries Board of Ireland, There were 8,645 personal injury lawsuits filed in 2009. In all of them, one out of six (17 percent) was related to public liability. 

The average settlement of 23,143 euros for each claim. The majority of accidents occurred in privately-owned establishments. 25% of them in shopping and retail outlets and 19% at nightclubs/pubs restaurants or clubs. Given the rate of accidents, businesses must purchase public liability insurance in order to protect themselves from potential legal liabilities.

It's not difficult to fall sick. Everyone can be sick at any time but who can save up in case of illness? You could save money for an ideal vacation, a house, or a child's dream about his future. However, we rarely reserve some of our earnings to fund a gallbladder replacement or knee replacement. 

So, if you suddenly discover yourself asking, 'why did this happen to me while in the midst of an emergency medical situation right now, you're likely to have to abandon a goal or forfeit the money you'd set aside to fund other purposes. This is the point at which affordable health insurance solutions steps in with the idea that you can get the top medical care without having to worry about the cost of healthcare.

Health Insurance

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Insurance firms are looking for ways of growing their base of customers. In this regard, they are introducing new options and products on the market nearly every day. In this kind of environment, it's not difficult for the common person to be confused as to which type of insurance to buy. It is a minor issue that can be resolved by talking to an insurance representative or logging onto the internet and looking for details about the various options available. 

The products provided by any medical insurance is an excellent idea since it will not only take into consideration your financial concerns during a health emergency but also grants access to routine and preventative healthcare options that could have been beyond your budget prior to. 

Additionally, in times of emergency, the plan will make you eligible for benefits, like transportation for relatives, purchasing blood, disability insurance, among other benefits. Last but not least, are the tax advantages you can get by investing in an insurance plan.