Hollard Mozambique offers business insurance that can include liability cover, protecting your business from any legal liability awarded to a third party on loss, damage, injury and death, in any instance that has been deemed to be as a result of negligence on the part of your business.
You can take out our Liability Insurance covers as a section of your policy with one or more of the following cover wording:
- General Tenants Liability cover
- Employer’s Liability cover
- Professional Indemnity cover
- Directors and Officers Liability cover
General Tenants Liability cover
General liability insurance, as business insurance, aims to cover financial losses that you may become liable for. These are losses that may arise from any physical injury or damage to third part property or physical being, caused by you and any involved with your business.
This particular section of the liability insurance, applies when the incident takes place at your premises as the insurer, or at the customer's location if work away has been specified. Liability insurance claims are not provided for the errors that may occur at the time of delivery or any professional service to the customers. However, this type of cover can be included if specified.
Employer’s Liability cover
Employer’s Liability insurance covers you and your business should there arise a legal liability pertaining to you or your company and your employees. These liabilities are mainly for compensation for the death, injury or illness of any employee.
Professional Indemnity cover
Professional Indemnity provides liability insurance on any damage or expense in the breach of professional duty.
Your professional duty is defined as the advice given, services performed and duties undertaken as part of your profession within a particular role with the company.
Directors and Officers Liability cover
Directors and Officers (D&O) Liability cover, as business insurance, protects your businesses officer’s against claims made in accusation of a wrongful act committed at a professional level of a directorial or officer position in the company.
Business Liability Insurance includes defence for any costs applicable before the final resolution of a claim, and settlements in connection with that particular claim. This excludes penalties which may have been imposed by law, and any civil or criminal fines.