Public liability insurance covers a business if a customer or member of the public suffers a loss, property damage or injury because of your business’s day-to-day activities.

• About public liability insurance

Statutory liability insurance covers legal defence costs and certain fines for an accidental breach of legislation. It protects the business owner and employees, including directors, trustees and managers, against certain unintentional breaches of New Zealand Acts of Parliament (excluding some Acts) which result in prosecution.

• About statutory liability insurance

Businesses that provide opinions, advice, design or specification run the risk of claims against them if the advice or design turns out to be unsatisfactory. 

Professional indemnity insurance covers the risk of making a professional mistake: an act, error, omission or through conduct or being misinterpreted. 

• About professional indemnity insurance

A company director owes duties under both statute and common law and can be held personally liable not just for their own mistakes but also for the failings of people on whom you relied. If a manager or director conducts illegal or unethical practices that cause losses to individuals or businesses, management liability insurance covers the business and its assets.

Management liability insurance can include: 

• Directors and officers liability
• Trustees liability
• Employers liability
• Crime and fidelity insurance
• Statutory liability  

Product liability insurance protects against claims of personal injury or property damage caused by products sold or supplied through a business. 

Product liability insurance can often be included in a public liability policy, particularly if a business sells, supplies or delivers products to members of the public.

• About product liability insurance