This particular category of insurance has become more and more necessary in recent years, as its necessity has been recognized both on a professional and on an individual level. In recent years it has been observed that compulsory liability insurance, whether it is professional or civil, it is spreading increasingly. Through the liability insurance programs we have available, we can cover all your needs.

The protection of consumers, i.e. the customers of a business, is of great importance. Entrepreneurs who supply and/or make products available on the market for consumption or use, may find themselves legally responsible for paying damages to third parties due to a defective product. This is a comprehensive insurance program for the insured’s liability from negligent acts or omissions in relation to the supply of products.

Basic Coverage
The basic coverage of the Insurance Policy includes:

• The insured’s legal liability for compensation to third parties in respect of accidental bodily injury or death by accident or disease, and accidental loss or damage to their property caused by and in connection with the production or placing on the market for consumption or use of defective products in the context of its commercial activity.
• 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 defence, investigation, or settlement of the claim.

Exceptions:
The Policy is subject to exclusions, some of which are:

• War risks.
• Terrorist acts.
• Nuclear radiation, environmental pollution.
• Cyber Risk.
• Repair or replacement of defective products.
• Recall of defective products.
• Fines, penalties and punitive or exemplary damages.