Premises Risk

This coverage addresses negligence on the part of owner or occupier of property.

Anyone who owns and occupies premises should not be too resistant in accessing this cover. Sometimes it is not the owner's responsibility for damages or injuries caused, it could be the occupiers.

However, this will be determined in a court of law, for which the policy covers legal costs.

Product Risk

This coverage is similar to premises risk ,but also, addresses negligence on the part of the manufacturer of a product.

As is the case for recalled items. Example: Firestone Tires - manufacturers defect