Liability Insurance 101: Protecting Your Business from Product to Public Risks So as rewarding as it is to have a business, there are its distinct dangers as well. These liabilities can come as product recalls, public claims, which without preparation, can quickly upset the stability of your business finances. That is the role that liability insurance plays – to create a buffer in terms of the financial losses from these risks. https://firstpolicy.com/services/liability-credit-insurance/