PUBLIC LIABILITY

Introduction

In general, Public Liability is the obligation of a person who has caused damage to another (actively or passively) to repair or compensate for the damage, usually by way of compensation. The obligation to compensate for damage can be from a legal entity or from a natural person, even from natural persons. A risk run by anyone engaged in any activity.

The policy covers

This is a flexible program that covers the liability of the Insured from negligent acts or omissions by him or his employees in relation to his activities

The policy is addressed

It is addressed to professionals and Organizations and compensates third parties for any damage to their property or bodily injuries themselves as a result of negligent acts or omissions of the Insured or his employees.

Covers

The Insured’s legal liability for payment of damages to other persons in respect of accidental bodily injury or death by accident or disease and accidental loss or damage to their property caused within the premises in connection with them or their contents or in connection with the activities of the Insured within the premises

The legal costs and expenses that the claimant is entitled to recover from the Insured as well as the legal costs and expenses incurred with the written consent of the Company in connection with the defense, investigation or settlement of the claim

Additional covers

Optional Covers with additional premium

• for incidents that will occur outside the insured’s premises or outside Cyprus
• in relation to the provision for consumption of defective food or drink
• in relation to the use of lifts or escalators
• in relation to the use of swimming pools
• caused by fire or explosion in property bordering the premises of the Insured
• in relation to loss or damage to property under his control or custody

Clarification

The above information may differ from one Insurance Company to another. Depending on the insurance policy that will be proposed to you, you will get all the relevant information you need, so that you can decide on your own choice. Request our offer today. Based on your own insurance needs and budget, we will choose the right insurance for you.