General Liability Insurance
Description and purpose
General liability insurance covers risks associated with activities that may cause harm to third parties, whether material damages or bodily injuries. These policies are intended to protect individuals or legal entities against compensation claims made by third parties who have suffered damages as a result of the insured's actions or negligence. The primary purpose of this insurance is to cover expenses and payment amounts imposed by legal decisions or amicable settlements when the insured is legally liable for their actions.
General liability insurance covers risks related to the activities of insurance (reinsurance) brokers, legal entities acting as insurance agents, notaries, lawyers, auditors, hazardous industrial facilities, and other types of activities.
General liability insurance covers risks associated with activities that may cause harm to third parties, whether material damages or bodily injuries. These policies are intended to protect individuals or legal entities against compensation claims made by third parties who have suffered damages as a result of the insured's actions or negligence. The primary purpose of this insurance is to cover expenses and payment amounts imposed by legal decisions or amicable settlements when the insured is legally liable for their actions.
General liability insurance covers risks related to the activities of insurance (reinsurance) brokers, legal entities acting as insurance agents, notaries, lawyers, auditors, hazardous industrial facilities, and other types of activities.
Target audience
Individuals and legal entities engaged in activities with the potential risk of causing harm to third parties (e.g., construction companies, economic operators, service providers).
Individuals and legal entities engaged in activities with the potential risk of causing harm to third parties (e.g., construction companies, economic operators, service providers).
Coverage and risks
- Material damages – caused to third-party property as a result of the insured's activities.
- Bodily injuries and death – damages caused to third parties, including clients or employees.
- Legal expenses – costs associated with court defense against compensation claims.
Types and options
- Commercial activity insurance: protects companies against compensation claims.
- Professional activity insurance: protects professionals, such as lawyers or accountants, against risks of professional liability.
- Commercial activity insurance: protects companies against compensation claims.
- Professional activity insurance: protects professionals, such as lawyers or accountants, against risks of professional liability.
Benefits
Financial protection against compensation claims, reduced risks associated with conducted activities, and ensured operational continuity.
Financial protection against compensation claims, reduced risks associated with conducted activities, and ensured operational continuity.
