Example One
Retail Liability Claim Example
Public Liability Insurance in Hong Kong is able to provide protection against a wide range of liability risks.
To give an example of how Public Liability Insurance works we can look at the following situation:
You have just opened a retail store in the busy shopping district of Hong Kong and erected signage above your shop to advertise your presence and attract business. While you have taken every step to ensure that your signage is properly installed and attached to the building, the fixture comes down during a storm and lands on top of a passer-by who suffers significant injuries.
As the owner of the sign you would be liable to cover the costs of treatment for the passer-by’s injuries and even their long-term mental suffering. However, the purchase of a Public Liability Insurance policy will ensure that the policy bears the liability of the individual’s injury, rather than you having to cover those costs out-of-pocket.
