Insurance Branches
Public Liability Insurance
Public Liability Insurance covers injuries or property damages to third parties. Depending on the insurance nature, it is separated into general, professional , personal, employer or product liability.
Public Liability Insurance is the most common insurance and covers the insured customer from professional errors and negligence which may cause injuries to any thirds parties.
By European Union directive, it is already mandatory to insure insurance agents and consultants with Public Professional liability against errors and omissions, which will also be mandate to other professions in the years to come.
Doctors, pharmacist, civil engineers and building constructors, often end up with lawsuits of millions due to errors and negligence.
Public Liability Insurance relieves the customer from the consequences due to wrong decisions or “unfortunate” moment and compensates the victim fully or up to the insurance contract allowance.
