Liability Insurance

Liability Insurance

Any Commercial or business activity will be having its own risks, which can result in a liability exposure. Any business will supply their manufactured products to the client or provide services to their client from their expertise. In case deficiency in the product or the service rendered to the client and that results in a quantifiable loss to the client, it can claimed as liability against the provider of the product or service.

If there is deficiency the product supplied it can result in product liability exposure and if there is deficiency the services provided to the client it can result in professional Liability claims.

If the commercial activity is resulting pollution or chemical spillage or gas leakage can result in problem to the people living in the surrounding area. This is called Public liability

Like this any business activity will have liability exposures. The same can be suitably managed by the smartTech experts through insurance solutions.