LIABILITY INSURANCE
1. Public Liability Insurance
Coverage:
BSH will indemnify the insured for the damages to property and health occurring to the 3rd party with the risks:
– The unexpected damages for people (injury or morbidity)
– The unexpected damages for assets arising from business operations in the insurance period and in the geographic scope specified in the summary of insurance conditions and occurred or caused as described under “Description of risk” in the summary of the insurance conditions;
– All fees and expenses and litigation costs.
Exclusion:
– Described in details in the rules of public liability insurance.
2. Product Liability Insurance
Coverage:
BSH will indemnify the insured in case of liability of the insured for consumers of products produced by the insured. These risks include:
– The unexpected damages for people (injury, morbidity)
– The unexpected damages for property
– All fees and expenses and litigation costs.
Exclusion:
– Described in details in the rules of product liability insurance.
3. Professional liability insurance for architects and construction engineers
Objects:
Architects, engineers, designers, technical consultants and construction supervision director of construction works.
Coverage:
BSH agrees to indemnify the insured for any first claim made against the insured and informed BSH within the insurance period relating to any losses incurred by the insured during the implementation of professional work as mentioned in the certificate of insurance.
Risks insured:
– Bodily injury, material damages or damages of the construction work incurred because the insured commits or inadvertent commits or is forced to commit, (maybe) inadvertently commits the acts of carelessness, mistake or negligence in the insurance period or within the retroactive period as specified in the Certificate of Insurance.
– Risks incurred in the process when the insured performs the work under the professional function.
– Risks involving the acts of carelessness, mistake or negligence that the insured committed or maybe is committing or is forced to having committed, maybe inadvertently committed after the retroactive period as specified in the Certificate of Insurance.
