Liability insurance provides the insured party with protection against claims resulting from injuries and damage to people and/or property. Liability insurance policies cover both legal costs and any payouts for which the insured party would be responsible if found legally liable.
Iran Insurance Co. (Bimeh Iran) offers liability coverage besides two other main branches of Property and Personal insurances in the market.
Liability Policy covers civil liabilities to third parties in Iran, arising from bodily injury, property damage, or other wrongs due to the action or inaction of the insured. It covers only civil liabilities and not criminal liabilities.
Almost all kinds of liability risks presumable to the insured or third party resulting in financial and/or bodily compensations have been included:
· Employees in Iran
· Producers and Sellers of Product
· International transport ( C.M.R.)
· Managers and Technical Officials of Medical Centers
· Designers, Adjusters and Surveyors Construction Engineers
· Credit Insurance for Banks and Financial Institutions
· Building Insurance Property Owner Liabilities
· Hunters and Environment Protectors
· Race Horses Insurance Plan
· Nurses and Paramedical Staff
· Quality assurance (QA) for completed products
· Land Transport and Air Transport
· Comprehensive Liability Insurance CGL
. Third Party Liability (TPL)
. Liability for exhibitor’s booths in Iran
. Special liability Insurances