What will we insure?
Product (Service) Liability
Liability for sudden and accidental environmental pollution
Employer’s Liability for bodily injury or property damage of the employees
Liability for non-pecuniary damage
What will we include without the prior agreement?
Damage caused during loading or unloading operations
Damage caused by operating self-propelled mobile machines
Damage caused during construction or repair works
Damage caused by the contractor carrying out the insured activities on behalf of your company
What will we insure by the additional agreement?
Damage to property under your care, custody, or control
Recall costs of the (potentially) dangerous product
BUNDA GL Insurance Advantages
Large sums insured
Up to EUR 15 million for General Liability insurance.
Up to EUR 500 thousand for property under care, custody, or control.
Non-pecuniary damage will be covered up to the full policy limit (no sublimit apply).
Loss that is a direct result of the third party bodily injury or property damage shall be covered up to the full policy limit.
No sub-limits for legal costs
Legal defence costs related to the insured event shall be reimbursed up to the full policy limit.
We will indemnify for damage caused during the insurance period, even if the claim of the aggrieved party is received after expiry of the insurance period.
When there is more than one insured under the policy, we can insure their mutual liability against each other.
We may insure against risks arising out of or in connection with countries under US jurisdiction.
If needed, we may apply international or other country’s law to the contract.
Losses: more than EUR 11 thousand
When painting the building structures, due to unfavourable wind direction, 9 cars parked nearby were covered with soil and paint dust
Losses: more than EUR 4,5 thousand
The child was injured by the broken showcase. Medical expenses, non-pecuniary damage and legal costs were reimbursed.
Solar power plant
Losses: more than EUR 27 thousand
A fire was caused by a solar power plant installed on the roof of the building.
Hydroelectric power plant
Losses: more than EUR 150 thousand
During the accident, a dammed river spilled, causing damage to nature.