Liability Insurance

Running a business or practicing a profession involves responsibilities toward third parties. Liability Insurance provides financial protection against compensation claims arising from bodily injury or property damage caused to others through acts, negligence, or omissions, subject to the terms and conditions of the insurance policy.

Protection Against Third-Party Claims

Unexpected incidents may occur during everyday business operations or professional activities, potentially causing injury or damage to other people or their property.

Suitable liability insurance can help businesses and professionals manage the financial consequences of compensation claims for which they are legally liable, to the extent covered by their insurance policy.

Main Types of Liability Insurance

General Public Liability Insurance

Provides protection options for liabilities arising from business operations when third parties suffer bodily injury or property damage on business premises or in connection with business activities.

This type of insurance may be relevant to businesses such as:

• Cafés and restaurants

• Hotels and tourist accommodation

• Hair salons and beauty centers

• Retail shops and other commercial premises

Professional Liability Insurance

Designed for professionals who may face compensation claims from clients or third parties arising from acts, errors, or omissions in the course of their professional activities.

Examples of professions include:

• Doctors

• Accountants

• Architects

• Pharmacists

• Lawyers

Available coverage varies depending on the profession and the terms of the selected insurance plan.

Product Liability Insurance

Provides insurance protection options against compensation claims arising from bodily injury or property damage caused to third parties by defective products.

This insurance may be relevant to businesses involved in:

• Manufacturing products

• Importing products

• Trading or distributing products

Employers' Liability Insurance

Addresses potential employer liability arising from workplace accidents in which employees suffer bodily injury while performing their work.

Coverage is subject to the policy's terms and conditions and the circumstances under which the employer may be held liable.

Liability Insurance Solutions from ALTIUS INSURANCE

Every business and profession has different responsibilities and faces different types of risk.

ALTIUS INSURANCE helps you explore available liability insurance solutions and select a plan suited to the nature of your business or professional activities.

Available coverage, compensation limits, conditions, and exclusions are determined by the terms of each individual insurance policy.