About the product
In everyday life and business activities, we may unknowingly or accidentally cause harm to other persons. In such cases, under the law, the party causing the harm is obliged to fully compensate for material and moral losses. This can sometimes lead to serious financial consequences. In general, this product covers the material damage caused by the Participant to third parties.
Benefits
Coverage by types of liability
-Personal civil liability — Accidental damage caused by an individual to others in everyday life;
-Enterprise and organization liability — Damage caused to third parties as a result of incidents at the premises;
-Property owner’s liability — Incidents occurring at a leased or commonly used property.
Covered risks
-Physical injury, disability, or other harm to health of the injured party that resulted in partial or total loss of general working capacity or in death;
-Physical damage to property that resulted in its destruction or reduction in value;
-Losses related to the settlement of claims filed by third parties for compensation of harm caused to their life and health and/or damage caused to their property;
-Court costs incurred in connection with the settlement of claims in cases on compensation of harm caused to third parties.
Takaful insurance application
