Liability

To whom Liability Insurance may concern?

General liability insurance is designed to provide peace of mind to all legal entities and individuals.

• This insurance policy covers all legal entities that need protection against legally binding liability for damages arising from business activities.
• Most risks result from the interaction among businesses, citizens (third parties) and the environment.
• For more information about the liability for damages to individual property, please read our household insurance coverage.

MAKEDONIJA Insurance – Vienna Insurance Group provides liability insurance for damages arising out of business activities, such as:

• Construction and Erection Works,
• Hotels,
• Restaurants and Bars,
• Recreation Centers,
• Shops, Supermarkets,
• Production Facilities,
• Bakeries,
• Dairies,
• Servicing, Installation services,
• Contractors of lines and dams,
• Bathing resorts, Swimming pools, Beaches,
• Fitness centers, Hairdressers, Cosmeticians,
• Events and festivals organizers,
• Shopping malls and shops.

What is General Liability Insurance?

General Liability Insurance covers the legally binding liability of the insured for the death, bodily injury, or health damages to third parties, as well as damages resulting from demolition or destruction of third parties’ property, as a result of Insured’s activity, i.e. civil liability (governed by the Law on Obligations) according to the principle that anyone who causes damage to another person is obliged to pay indemnity for the loss.

A General Liability Insurance policy protects against damages or losses arising from the owner’s buildings and business-use items.

It is liability insurance covering an event that gives rise to physical injury or property damage, which is an unexpected and sudden incident for the business owners, such as:

• bodily injury or third party’s health damage,
• death,
• third parties’ property damage,
• legal protection.

The insurance also covers court costs only in the event of litigation, to which the insurer has consented.