Liability insurance - is an independent sphere of insurance activity.In this type of insurance of responsibility in favor of the insured person (Insurer) under the law, and because of contractual obligations for causing harm drugimlitsam (under harm refers to damage caused by a particular person, and property of third parties).Based on the emerging insurance to insurers assume the risks written into the contract of insurance relating to liability for the obligations that arise as a result of causing damage to the insured property, health or life of third parties.As an insurer can act as natural persons and legal.
liability by third parties is the nature of the property, as the person who caused damage to a third party, is obliged to fully compensate for its losses.With liability insurance, the obligation to compensate the damage the insurer is passed on to the insurer.Damage to others by the policyholder may entail administrative or criminal responsibility, but the damage to property inflicted by a third party and his compensation is passed on to the insurer.
liability insurance can act in two ways:
- Voluntary insurance such as liability insurance of owners of apartments;
- compulsory insurance such as liability insurance of car owners (CTP).
Liability Insurance (GO) apartment owners refers to voluntary insurance, but it is quite urgent and essential services to insurance companies, to shift on their shoulders the responsibility to your neighbors for unintentional damage that occurred in the case of use of the apartment.Possible risks are written in the contract, and the policyholder has the right to determine the maximum sum insured, in which the insurer to be obliged to compensate the damage caused to third parties by the insured, such as fire or flooding.Insurance risk is the alleged events the occurrence of which, in accordance with the insurance contract, the insurer has a duty compensation of the damage, iethe insurer pays to third parties who have suffered as a consequence of the acts or omissions of the insured.
Defense Contract of insurance is in case of damage to property, damage to health, life third parties as a result of events that occurred at a specific address, a specific existing insurance agreement - is the territory of insurance.
Liability Insurance SRO (self-regulatory organizations) has become necessary due to the fact that the construction industry has moved to self-regulation.Ministry of Regional Development to develop specific recommendations on insurance GO SRO and its members in order to ensure real security building organization and its members and aimed at strengthening their financial stability, as compensation for damages reimbursed the sum insured under the insurance contract and allows not to spend SROs Compensation Fund.
SRO Liability insurance is a contract with respect to the following risks of liability of the insured person (or insurer) for injury:
• health or life of third parties as a result of shortcomings in the work of the insured;
• property of third parties result of shortcomings in the work of the insured;
• Environment result of shortcomings in the work of the insured;
Insurance - a guarantee of your safety and financial stability.
