Manufacturers, doctors, engineers, architects, employers and Directors are all liable to the public. What are the insurance policies which cover the risks of their liability?

There are two types of public liability insurance policies—industrial and non-industrial risks. Industrial risk policies cover the risks arising in manufacturing premises including go down, warehouses etc., non-industrial risks comprise or risks arising out of the establishments of hotels, restaurants, cinema halls, schools, exhibitions, amusement parks etc. The liability of doctors, engineers, architects are covered under professional indemnity policies which cover their legal liability to pay damages arising out of negligence in the performance of their professional duties. Employer's liability towards their employees is covered in the Employer's liability policy which is also known as workmen's Compensation Insurance. Directors' and officers' liability policy is a specialized insurance policy introduced to cover the liabilities of Directors or Officers of a Company. It covers their liability towards employees, suppliers, competitors, regulators, customers, shareholders and other stakeholders. These policies are essential for safeguarding professionals and businesses from financial losses and legal consequences.