_JPG.jpg)
Liability insurance is an insurance policy that protects the insured against the risk of liability. With a few exceptions, liability insurance usually pays for all personal injury and property damage caused by the insured.
Type of insurances
The liability insurance can be taken out by a private individual as well as by a company or independent professional. Individuals can insure themselves with liability insurance for individuals (AVP). The AVP is an insurance policy that insures the insured and her family against the risk of liability.
A company or independent professional can take out liability insurance for companies and professions (AVB). An AVB insures the company or the independent professional against the risk of liability. The premium strongly depends on the type of company (a hospital will pay a much higher premium than a university) and on the turnover of the company.
Source: Wikipedia
Do you want more information, please feel free and contact us or follow link below for online quotes.
Individual:
Busisness: