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JGM
JGM, Solicitor
Category: Law
Satisfied Customers: 11155
Experience:  30 years as a practising solicitor.
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HiMy question is about public liability.I have setup

Customer Question

Hi
My question is about public liability.
I have setup up a limited company in the UK. I want confirmation of the necessary steps to limit the liability of the company to the company itself and not to my personal property i.e. my flat! The company offers guided tours to tourists so my worst case scenario is personal injury to a customer on the tour either caused by myself, themselves or a 3rd party.
please advise
Many thanks
Chris
Submitted: 2 years ago.
Category: Law
Expert:  JGM replied 2 years ago.
Thank you for your question.
The company will carry public and employers liability insurance. The company is also vicariously liable for the actings of its employees. So as long as you make it clear that the customer is dealing with the company then you can't be found liable as an individual. That is one of the reasons people trade through limits liability companies. To protect themselves from individual liability.
I hope that helps.
Please leave a positive response so that I am credited for my time.
Customer: replied 2 years ago.

HelloCustomer

Thanks for the details. So to clarify is your answer is that the company MUST carry "public & employers liability insurance"?

Legally must the insurance policy cover every type of possible scenario?

BR

CH

Expert:  JGM replied 2 years ago.
Yes. It must cover third party risks. The insurance companies normally have a combined policy which covers the usual eventualities. At the very lease it must cover personal injury and death.
JGM and 2 other Law Specialists are ready to help you
Customer: replied 2 years ago.

If I do not have insurance or the insurance that covers a particular outcome...

1, am I personally liable

2, is the limited company liable?

Many thanks

Expert:  JGM replied 2 years ago.
Yes it is possible that both could be sued and you could also be prosecuted for not having the insurance.
Customer: replied 2 years ago.

Many Thanks for the clarity & snappy response

Expert:  JGM replied 2 years ago.
You're welcome.