Product Liability Insurance
Product Liability Insurance covers manufacturers’ production activities in regards to product quality, by indemnifying consumers in case they are harmed or injured during the consumption or use of the product, including food products, electrical equipment, and machinery, cosmetic products, chemical products, etc. The Insurance Company will indemnify the Insured for:
- Bodily harm or injury (including illness or death) for one or more individuals;
- Physical damage to objects caused by products that have been produced, sold, supplied, installed, repaired, altered, or treated by the Insured.
The Insurance Company also indemnifies all expenses for the resolution through litigation or settlement of disagreements related to any claims for compensation due to negligence, mistake, or failure to act during the course of professional activities of the Insured, including their employees. The tariffs for these policies vary according to the kind of activity, circulation, work processes, and limits of indemnification.
Public Liability Insurance
Public Liability Insurance offers indemnification to compensate any claims raised by the public, individuals that may incur damages as the result of the negligence by the Insured or their employees. The Broker offers Public Liability Insurance and indemnifies the Insured for:
- Health damages (Including death, illness or injury) of a person;
- Damages to the property of third parties.
The Insurance Company will indemnify the Insured for all expenses for the resolution through litigation or settlement of any claims for compensation due to negligence, mistake, or failure to act during the course of professional activities of the Insured as well as their employees. The tariffs for these policies vary according to the kind of activity, circulation, work processes, and limits of indemnification.