Liability Insurance
Protect your business and yourself against legal liabilities.
Liability insurance covers compensation claims that third parties may file for damage occurring in an area under the insured's responsibility.
Highlights
- 1Mandatory liability insurances (Traffic, LPG dealership, passenger transport, etc.) are maintained in risky sectors with limits set by the state.
- 2Among optional insurances; policies such as Third-Party Financial Liability, Employer Liability, and Product Liability protect businesses.
- 3Professional liability insurance comes into play for possible negligence of professional service providers such as doctors or lawyers.
- 4It financially secures the insured's family or employees against damage compensation claims arising from carelessness.
Since coverage scope and premiums show great variation depending on the sector/company, expert advice is a must.
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