About the Service
Comprehensive third-party liability insurance covers a company’s legal liability for injury or damage caused to third parties in the course of its business activities, including counterparties, visitors, members of the public and other third parties.
Purpose of Cover
- Protection against the financial consequences of claims brought by affected third parties
- Reduction of legal and reputational risks
Insured Events
Claims for compensation for harm caused to:- the death, bodily injury or damage to third-party property caused in the course of the insured business activities
- third parties by the insured’s products
- the insured’s employees
Scope of Indemnity
- Compensation awarded to affected third parties by a court or agreed as part of an out-of-court settlement
- Expenses related to legal defense, expert assessment and investigations
