Public liability insurance protects you from the costs and legal fees of claims if a member of the public is injured as a result of your negligence.
Are you involved in organising events to celebrate the 2012 London Olympics? If so, you will need liability insurance.
As the countdown to the 2012 London Olympics continues, local councils, residents and private companies are already putting the final touches to their planned events and parties.
yourpublicliability.org is today warning event organisers and party planners of the dangers of not having in place the proper liability insurance policies.
Public liability insurance protects you from the costs and legal fees of claims if a member of the public is injured as a result of your negligence. It will also cover you if property is damaged during the celebrations. You are not required by law to have public liability insurance but is a sensible precaution to take.
Many councils recommend that all Olympics street party /outdoor celebration / hosted event organisers have public liability insurance of not less than £2 million pounds. For events of a larger nature it is sometimes a requirement that cover is obtained for not less than £5 million. This is necessary where the party / event is being advertised to the wider community, where tickets are being sold or where entertainment is being provided. Local residents planning smaller, low-key street party events are also advised to contact their local councils for further guidance on public liability insurance requirements for their specific areas.
Responsibility for these events lies with the residents / organisers, and so you must pay the full costs of any damage to property caused by your negligence. Public liability insurance also covers other mishaps that you might encounter, such as damage to or loss of equipment that you own or have hired from third party suppliers.
Public liability insurance covers your liability against claims from the public while attending your event. Event organisers should take into consideration possible claims for accidents occurring during the event. Industry experts advise Olympics party organisers not to ignore the potential dangers of parties, and the compensation claims that can arise when incidents occur.
People are increasingly aware of their legal rights, and are more willing and more able to resort to legal action to obtain redress for injury, loss or damage caused by another party. It can be expensive to lose a legal action. Reforms to the legal system and a claimant-friendly legal environment mean that awards for personal injury continue to rise.
Nowadays, it’s all about instigating claims if blame can be apportioned. This is, of course, exactly as it should be in cases of genuine negligence. The number of things that can wrong at street parties really is untold. Therefore prudent party planners should really think about taking out public liability protection, in case anything untoward does happen and claims arise as a result.
You should also have plans in place in case of accidents, medical emergencies, fires etc. Don’t forget your risk assessment!
Give yourself peace of mind – buy some public liability insurance today!
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