Liability insurance

Liability insurance

It is worth noting that general insurance does not cover legal liability insurance, such as compensation for damages that may be caused to third parties as a result of errors or negligence. This type of insurance is considered a different specialty and requires separate insurance policies depending on the activity or situation.

Types of Liability Insurance:

Elevator Liability Insurance
Covers damages or injuries that may occur due to elevator malfunctions or accidents inside buildings.
General Liability Insurance
Protects the insured from legal claims arising from harm caused to others, whether bodily injury or property damage.
Professional Liability Insurance
Designed for professionals such as lawyers, engineers, and accountants, covering errors or professional negligence.
Political Violence Insurance
Provides protection against losses resulting from political violence such as riots, rebellion, or terrorism.
Medical Malpractice Insurance
Protects doctors and healthcare workers from claims arising due to errors or negligence during medical care.
Product Liability Insurance
Targets companies and manufacturers, covering damages caused by defects in products sold or distributed.
Employers’ Liability Insurance
The company agrees to compensate the insured for all amounts the insured becomes legally obligated to pay by a final court ruling due to their tortious liability, paid to any natural person directly employed by the insured (hereafter referred to as the worker) or their heirs, due to injury, occupational disease, or bodily injury resulting from an accident while performing work for the insured during the insurance period.