Public Liability Insurance

All AAMI Business Insurance products have a combined Public and Products Liability cover. Both Public and Products Liability provide coverage for third party injury or property damage that you might cause. The difference is that Public Liability relates to injury to a person or damage to a person’s property that you cause whilst you’re on the job, and Products Liability relates to injury to a person or damage to their property caused by any products you distribute, supply or manufacture.

There are a few scenarios not covered by Public and Products Liability Insurance, including:

• Injury to any employees you might have (this can be covered via Workers Compensation Insurance), 
• Civil legal liability incurred as a result of your professional advice (this can be covered via Professional Indemnity),
• Pollution,
• Asbestos, and
• Product recall.

Please refer to the Product Disclosure Statement or the full list of exclusions not covered by our Public and Products Liability insurance.

Each business is different, and as such has different needs when it comes to insurance. However, in making the decision you may want to take into account the following factors:

The contracts you work on. Some contracts will stipulate the minimum amount of cover required. If your business is within a shopping centre, you may find that the contract stipulates a minimum of $20m cover is required

The conditions of your licence (if applicable). As an example, electrical contractors are required to hold a minimum of $5 million public liability cover in order to obtain their licence in some states.

AAMI can offer limits of $5m, $10m, and $20m cover, which can be purchased online or via our Australian-based Call Centre on 1300 176 698.