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The period in which the policy is valid. Typically policies are issued for a period of 12 months.

A contract agreed between the insurer and insured, which identifies all claims which the insurer is legally required to pay.

This is the amount of money that you must pay for an insurance policy.

This covers you in the event of products (including food and drink) which you have supplied causing damage to third party property or injury to third parties.

A policy which protects a professional person against legal liability for third parties for injury, damage and loss due to the person’s own (or of the person’s employees) professional negligence.

An insurer may choose to reduce a claim payment in proportion to the premium paid, if, for example, they felt the presentation of the risk was not fair or correct, and whilst they would still have accepted the risk, would have charged an additional or increased premium.

A form filled out by a responsible person who is applying for insurance on behalf of themselves or their employers. The purpose is for the insurer to receive a fair presentation of the risk by way of the answers provided, in order that they may provide the appropriate policy, apply terms and calculate premiums as necessary.

Public Liability insurance covers you against any accidental injury or damage caused to third parties or third party property.