Civil liability insurance aims to guarantee the legal extra-contractual civil liability of companies arising from the exercise of their commercial and/or industrial activity.
The policies aim to guarantee the payment of compensation for damage to property or personal injury resulting from covered bodily injury and/or material damage and its direct consequences, caused accidentally to third parties, including legal costs.
Operating civil liability insurance safeguards your assets and activity, in that it covers non-contractual civil liability that, under civil law, is attributable to the Policyholder or Insured, arising from the exercise of your commercial, industrial or service activity, up to delivery of your products or work.
It also allows the Company's image to be improved in relation to its Customers, suppliers and creditors.
Base Coverage:
Optional Coverages:
As a rule, General/Exploration Liability policies only cover liability which, under civil law, is attributable to the insured only while in the capacity or exercise of the activity expressly mentioned in the respective Special and Particular Conditions.
The guarantee is only extra-contractual, i.e. General/Exploitation Liability policies do not guarantee damage to the Company's Clients within the scope of the services provided and/or products sold by the Company, such damage can only be guaranteed through a Professional Liability policy.
As a rule, risks are only guaranteed in Portugal. If you wish to extend the territorial scope to other countries, it will be necessary to negotiate the respective extension.
The premium for General/Exploration/Product Liability policies, as a rule, are calculated on the basis of the annual turnover of the Companies.
At the beginning of the insurance year, the Policy Holder pays a premium receipt corresponding to the application of the rate defined by the Insurance Company, on 80% of the estimated invoicing value, for the year that will begin (minimum non-reversible premium).
At the end of the annuity, the Policyholder/Company is obliged to communicate the actual invoicing, so that the Insurer applies the contract rate on the invoiced value, if it exceeds the 80% estimated at the beginning of the annuity, thus giving rise to an additional premium receipt.
The information contained in this website is merely indicative. The rights and obligations of the parties are defined in the Proposals, Conditions Special and General applicable terms of the respective insurance policies contracted.
