The general idea of liability insurance is to cover expenses for damages caused accidentally by the insured to third parties. The purpose of liability insurance is to protect financial interests of the insured in case of an emergency.
General liability insurance includes damages as a result of activities performed by the insured and covers risks associated with the type of activity performed.
Professional liability insurance is to cover the risks associated with poor service delivery as a result of professional error.
Employer’s responsibility is the commitment to an employee (and employee’s heirs) to pay compensation in case of death, disability, injury or other harm to the health during the performance of his duties due to the employer's fault.
The advantage of signing a contract of liability insurance in PASHA Insurance is that the insurance company will not only reimburse damages, compensate litigation fees and other costs incurred in settlement of claims, but in the cases provided in the insurance contract will settle directly claims of third parties, without insured’s involvement.