What is liability insurance?
Civil liability insurance protects you if your company is held civilly liable for damage caused to others or their property. Your representative can help you choose the best liability insurance for your business, employees, and officers.
To find out more about this and obtain the complete list of professions eligible for professional liability insurance, contact your representative.
Civil liability insurance protects you if your company is held civilly liable for damage caused to others or their property. Your representative can help you choose the best liability insurance for your business, employees, and officers.
To find out more about this and obtain the complete list of professions eligible for professional liability insurance, contact your representative.
General liability
General liability insurance protects your business if you are held civilly liable for damage (bodily injury or property) caused by your product or following an accident on the premises of your business or those of your customer in connection with your operating activities.
General civil liability, included in our business insurance policies, covers four types of claims:
Injury
Property damage
Personal injury and harm attributable to advertising, including oral or written defamation
Medical fees
c
General liability insurance is an affordable way to protect your business in the event of a lawsuit. You will receive money, subject to the limit set out in your policy, to cover third-party damages (as determined by the court) and defense and settlement costs.
You can tailor your protection to your needs by selecting one or more endorsements, including:
Automobile civil liability for non-owners
Rental liability
General liability insurance protects your business if you are held civilly liable for damage (bodily injury or property) caused by your product or following an accident on the premises of your business or those of your customer in connection with your operating activities.
General civil liability, included in our business insurance policies, covers four types of claims:
Injury
Property damage
Personal injury and harm attributable to advertising, including oral or written defamation
Medical fees
General liability insurance is an affordable way to protect your business in the event of a lawsuit. You will receive money, subject to the limit set out in your policy, to cover third-party damages (as determined by the court) and defense and settlement costs.
You can tailor your protection to your needs by selecting one or more endorsements, including:
Automobile civil liability for non-owners
Rental liability
Umbrella Liability
Supplemental liability insurance provides additional coverage that extends business insurance coverage beyond current limits. It applies if you have reached the liability coverage amount of your current insurance policies, and protects you if your business is held liable to another person for injury or property damage, whether in the country or abroad. foreigner.
Additional civil liability gives you the following advantages:
the broader definition of bodily injury
worldwide protection
protection for registered automobiles by purchasing a supplemental automobile insurance endorsement
Supplemental liability insurance provides additional coverage that extends business insurance coverage beyond current limits. It applies if you have reached the liability coverage amount of your current insurance policies, and protects you if your business is held liable to another person for injury or property damage, whether in the country or abroad. foreigner.
Additional civil liability gives you the following advantages:
the broader definition of bodily injury
worldwide protection
protection for registered automobiles by purchasing a supplemental automobile insurance endorsement
Civil liability of directors and officers
Your board members are responsible for overseeing the activities of your organization; they must act in good faith and its best interests. If things go wrong and your organization faces a lawsuit, board members and other officers could be held personally liable, and even their resignation or compensation from the board may not be enough.
Directors' and Officers' Liability Insurance protects your board members from lawsuits against your business, whether it's a family business, charitable organization, or religious organization. an educational institution or community association. Your policy includes the following protections:
financial loss resulting from a negligent act by you or a person named in the policy
legal fees
Directors and officers may be exposed to private liability risks, in addition to exposing the organization to corporate civil liability risks.
Your board members are responsible for overseeing the activities of your organization; they must act in good faith and its best interests. If things go wrong and your organization faces a lawsuit, board members and other officers could be held personally liable, and even their resignation or compensation from the board may not be enough.
Directors' and Officers' Liability Insurance protects your board members from lawsuits against your business, whether it's a family business, charitable organization, or religious organization. an educational institution or community association. Your policy includes the following protections:
financial loss resulting from a negligent act by you or a person named in the policy
legal fees
Directors and officers may be exposed to private liability risks, in addition to exposing the organization to corporate civil liability risks.
Professional Liability
Errors and omissions insurance is necessary for anyone providing professional services. Originally, errors and omissions insurance (also called professional liability insurance ) was primarily aimed at lawyers, doctors, and engineers. However, new occupations and higher service standards are forcing more people to purchase errors and omissions insurance.
Any person, company, or association offering professional services for remuneration can be described as being "professional", especially if one finds the following characteristics:
technical and practical training
mandatory adherence to rigorous guidelines, service standards, and principles in the performance of their duties
regulation by provincial or national regulators
Protection from The Co-operators Insurance Company is designed for anyone exposed to low to moderate occupational risk, including those working in the travel, real estate, and investment services industries, advisers, accountants, or other self-employed workers. Errors and omissions insurance covers the risk of financial loss due to:
breach of contract
design flaws
late delivery
incorrect information or advice
typographical errors
incorrect ratings
Errors and omissions insurance is necessary for anyone providing professional services. Originally, errors and omissions insurance (also called professional liability insurance ) was primarily aimed at lawyers, doctors, and engineers. However, new occupations and higher service standards are forcing more people to purchase errors and omissions insurance.
Any person, company, or association offering professional services for remuneration can be described as being "professional", especially if one finds the following characteristics:
technical and practical training
mandatory adherence to rigorous guidelines, service standards, and principles in the performance of their duties
regulation by provincial or national regulators
Protection from The Co-operators Insurance Company is designed for anyone exposed to low to moderate occupational risk, including those working in the travel, real estate, and investment services industries, advisers, accountants, or other self-employed workers. Errors and omissions insurance covers the risk of financial loss due to:
breach of contract
design flaws
late delivery
incorrect information or advice
typographical errors
incorrect ratings
No comments:
Post a Comment