Liability Insurance for Business Activity and Property Ownership

Running a business activity involves the potential to cause harm to third parties. Such harm can affect any participant in economic transactions and may be either personal or property-related. An effective solution in this regard is Liability Insurance for Business Activity and Property Ownership.

The subject of the insurance is the civil liability of the business owner for personal and property damages as well as the financial consequences of such damages. This liability arises from the conducted business activity and owned property, including the risks associated with introducing defective products into the market, provided that the insured is obligated to remedy such damages under civil law provisions.

Having an appropriate liability insurance policy is an essential element that ensures the financial security of a business.