Project Description
Commercial Insurance & Third Party Liability
Commercial Insurance & Third Party Liability
a necessary protective measure for every company
Public liability insurance is one of the most important business insurances in Spain and is indispensable for most companies. In principle, the public liability insurance for each company is a necessary protective measure to meet legitimate claims of third parties or to be fended off by the insurer.
Most companies have no alternative to taking out liability insurance. In every business activity there is the risk of causing accidental material damage or personal injury. In Spain such claims are covered by public liability insurance.
The company is in principle liable, with all its assets, for any claim caused by the business owner or any employee.
The indemnity claims arising from liability claims can threaten the existence of small and medium-sized enterprises. This mainly concerns personal injuries, where the indemnity claim can reach several millions. In such events, the public liability insurance covers the demands put forward and protects the business from financial risks.
- Personal injuries
- Material damages (repair or replacement costs)
- Financial losses resulting from a claim of personal injuries or material damages
Liability insurance covers claims which are caused by you as an entrepreneur or one of your employees to a third party (personal injuries) or to its assets (material damages).
Furthermore, the liability insurance will cover financial loss as a consequence of a valid personal injury or material damage claim. This could be the case for example if there is a loss of income due to personal injury.
The whole staff that acts in the name or by order of your company is insured through the liability insurance. The determining condition is that these persons carry out business activities on behalf of the company.
The liability insurance cover is in generally limited to the territory of Spain (including the Balearic and Canary Islands).
When choosing the insurance sum for the liability insurance policy, the biggest possible claim should be taken as your benchmark. Especially in the case of personal injury, a sufficient insurance sum is crucial.
Depending on the type of claim, the indemnity amount can be very high. Therefore, it is important to find an adequate insurance limit, when taking out the insurance policy.
- Personal damages
- Property damage (repair or replacement costs)
- Property damage as a result of personal injury or property damage
, more than just standard
At Iberia insurance brokers customers receive an Iberia Service+. But what does that mean? It’s very simple, our customers are worth a lot to us, and so we want to offer our customers more service through the standard insurance service. Service for which no one of our customers has to pay extra or has to conclude an extra contract – just our service for you. 
, more than just standard- Selection of insurance from more than 10 different insurance companies
- 24/7 hotline – free – Spain wide
- personal consultation for the customer on spot
- Cost-benefit analysis of the pension schemes with optimization suggestions
- Advice in your language
Most companies have no alternative to taking out liability insurance. In every business activity there is the risk of causing accidental material damage or personal injury. In Spain such claims are covered by public liability insurance.
The company is in principle liable, with all its assets, for any claim caused by the business owner or any employee.
The indemnity claims arising from liability claims can threaten the existence of small and medium-sized enterprises. This mainly concerns personal injuries, where the indemnity claim can reach several millions. In such events, the public liability insurance covers the demands put forward and protects the business from financial risks.
- Personal injuries
- Material damages (repair or replacement costs)
- Financial losses resulting from a claim of personal injuries or material damages
Liability insurance covers claims which are caused by you as an entrepreneur or one of your employees to a third party (personal injuries) or to its assets (material damages).
Furthermore, the liability insurance will cover financial loss as a consequence of a valid personal injury or material damage claim. This could be the case for example if there is a loss of income due to personal injury.
The whole staff that acts in the name or by order of your company is insured through the liability insurance. The determining condition is that these persons carry out business activities on behalf of the company.
The liability insurance cover is in generally limited to the territory of Spain (including the Balearic and Canary Islands).
When choosing the insurance sum for the liability insurance policy, the biggest possible claim should be taken as your benchmark. Especially in the case of personal injury, a sufficient insurance sum is crucial.
Depending on the type of claim, the indemnity amount can be very high. Therefore, it is important to find an adequate insurance limit, when taking out the insurance policy.
- Personal damages
- Property damage (repair or replacement costs)
- Property damage as a result of personal injury or property damage
, more than just standard
At Iberia insurance brokers customers receive an Iberia Service+. But what does that mean? It’s very simple, our customers are worth a lot to us, and so we want to offer our customers more service through the standard insurance service. Service for which no one of our customers has to pay extra or has to conclude an extra contract – just our service for you. - Selection of insurance from more than 10 different insurance companies
- 24/7 hotline – free – Spain wide
- personal consultation for the customer on spot
- Cost-benefit analysis of the pension schemes with optimization suggestions
- Advice in your language