Legal Civil Liability Insurance
The Third Party Legal Civil Liability Insurance became more and more necessary in the past decades and that is why it is more and more important. It is necessary due to various factors, such as the law, the liability level according to insurance classes, the results of the claim rate for each separate customer and, last but not least, the national legislations in each country.
The third party liability includes a large and various ranges of coverage, continuously expanding due to the increase of the degree of diversity of the human actions:
The third party liability includes a large and various ranges of coverage, continuously expanding due to the increase of the degree of diversity of the human actions:
- liability of the employer
- liability of the producer
- liability for commercial and industrial risks
- liability for environmental pollution
- liability of the owner
- liability of the tenant
- liability of the public authority
- liability of the natural persons
- professional liability
- liability of the managers and officers.
Contractual Guarantees
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Commercial loan
The need of financial insurances is determined by the fact that the commercial activity is, by definition, submitted to various risks. Each…
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