Which of the following types of insurance is it advisable for a business owner to obtain when starting a new business on leased premises that will be visited by members of the public?

Question

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Public liability insurance covers damages that may be incurred by third parties (e.g. customers, visitors) while on the business premises. It is advisable for a business owner to obtain this type of insurance to protect themselves in case of any accidents or injuries occurring on their premises. Medical insurance may be useful for employees, but it does not cover damages incurred by customers or visitors. Professional indemnity insurance protects against liability arising from professional negligence, which may not be relevant to all types of businesses. Tort insurance is not a recognized category of insurance.

Which of the Following Types of Insurance Is It Advisable