General Third-Party Liability Insurance
ABOUT THE PRODUCT
General third-party liability insurance protects your company from the financial consequences of damage caused to third parties in connection with your insured business activities.
What does this insurance cover?
If your company causes damage to a third party and is held legally liable, the insurance company will compensate the injured party on your behalf when an insured event occurs.
General third-party liability insurance covers:
- Damages to third-party property
- Damage to health or death
- Consequential property damage and loss of profit
- Preventive costs to avoid or minimise the extent of damage
- Legal defence costs in handling compensation claims raised against the insured
This insurance is essential protection for any company seeking to reduce the financial risks associated with its business operations.
INSURANCE COVERAGE
Do you need to protect your business from risks? General third-party liability insurance is the ideal solution for every entrepreneur. It provides protection in a wide range of situations that may occur during the course of business operations.
What does general third-party liability insurance cover?
This insurance covers damage that arises:
During the performance of your business activities as specified in the insurance policy
- As a result of defective work or a faulty product
- By exercising the right to ownership or through the administration and operation of real estate related to your insured business activity
- In connection with the operation of employee social and recreational facilities
- While organising corporate events
- From the use of static advertising equipment owned by your business
What do you receive with the basic insurance package?
Basic insurance coverage automatically includes:
- Insurance validity in five countries: Slovakia, Czech Republic, Austria, Hungary, and Poland
- Coverage for damage caused by defective work and faulty products
- Protection against damage to leased properties used for business
- Insurance for items stored by employees
- Coverage to items brought in or stored by visitors
- Protection against damage caused by listeria or salmonella contamination
Invest in quality liability insurance from PREMIUM Insurance Company and run your business without fear of unexpected financial losses.
ADVANCED INSURANCE COVERAGE
You can enhance your basic liability insurance with additional coverages that provide more comprehensive protection for your business.
What additional insurance options are available?
You can extend your liability insurance to include:
- Recourse claims of the Social Insurance Agency and health insurance companies related to work-related injuries of your employees
- Coverage for products already in circulation and placed on the market before the insurance policy was concluded
- Protection of entrusted movables – Liability coverage for damage to or destruction of movable items taken over to perform a contracted activity
- Insurance for used items – Liability for damage to movable items used in the course of your business operations
- Net financial damage – Covers losses that are not a direct result of physical damage to property or health
- Accidental pollution – Liability for damage caused by the sudden and unforeseen release of pollutants
- Damage to utility lines – Liability for damage caused to overhead and underground lines
- Damage caused by vibration and demolition works – Liability for damage resulting from vibrations or demolition activities
- Coverage for subcontractors – Insurance coverage extended to co-insured persons acting as your direct subcontractors
- Product withdrawal insurance – Covers liability for costs and damage arising from the withdrawal of products from the market
Tailor your insurance to fit your business needs and gain peace of mind in every situation.