Liability Insurance

guarantee legal liability to third parties in the form of bodily injury and / or property damage in connection with work or business activities carried out by the insured.

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Liability insurance includes the following:

1. Director's / Employer's and Officer Liability (D&O) Insurance, Provides protection to Commissioners, Directors, and Company Officials against risks that occur due to wrongdoing while acting in their capacity in that position for which a third party can sue.

2. Public Liability Insurance (PL), Provides financial compensation suffered by other parties as a result of negligence / fault of the Client and / or people who are under the supervision of the Insured where the Client manages his business

3. Comprehensive General Liability (CGL) Insurance , Provides financial compensation suffered by other parties as a result of the negligence / error of the Client and / or people who are under the supervision of the insured where the Client manages his business

4. Combined Liability Insurance (CLI), comprehensive insurance for clients, both public and employees. CLI is a combination of Public Liability, Product Liability, and Employers Liability.

5. Stevedoring Liability Insurance (SL), work related to loading and unloading of goods at ports or warehousing that involves moving goods from ships to storage or vice versa by using loading and unloading services / employees with or without their equipment. Legal liability arising from loading and unloading can be guaranteed by Stevedoring Liability insurance which protects the loading and unloading company from legal claims against loss of damage to goods (including loss of use) or the risk of death, being whipped by a third party, including claims that come from ship owners / managers, port owners / managers who suffer losses due to negligence committed by stevedores.

6. Employer's Liability Insurance (EL), covers lawsuits from employees while carrying out business activities from their employers (job owners), in which the employee experiences bodily injuries including death

 

Difference between Employer's Liability and Workmen's Compensation:

If at Employer's Liability Insurance, it must be proven that the job owner has indeed committed an negligence, whereas in Workmen's Compensation Insurance, there is no need to prove that an negligence was committed by the job owner.

 

Covered Object

The object of coverage in this insurance is a lawsuit from the employee due to the negligence of the Client in carrying out his business activities

 

Guaranteed risk

Losses that arise as a result of lawsuits from third parties, including costs incurred to defend (defense costs)

 

Risks that are not guaranteed

1. Matters related to the element of deliberation

2. War, terrorism and riots

3. Matters relating to demands that are penalties and punishments

4. Product liability includes product recall

5. Radioactive

6. Workmen's compensation and employer's liability

7. Asbestos

8. Aircraft and watercraft liability

9. Professional liability

10. Property in the element of supervision or ownership of the Client

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Automobile Liability Insurance (AL)

Insurance that provides insurance coverage for compensation to the client who legally has to pay for damages due to bodily injury or applicable property damage caused by accidents due to maintenance, ownership or use of an automobile that is covered which takes place in a certain area

 

Workmen's Compensation Insurance

Provides protection to company employees in the event of a work accident related to the employee's job