Public Liability – Generally speaking it is not recognised as a compulsory insurance however it is highly recommended as you may find that many of your customers or potential customers require proof of adequate insurance before that will allow you to work for them. This type of policy is designed to cover any awards for damages to a member of public or a customer because of an injury or damage to either themselves or their property as a result of your or your businesses negligence or actions. A standard sum assured of £10 Million is normally offered by providers. This however can be altered to whatever you feel is appropriate to cover your business