General Liability Insurance

exali General Liability Insurance
 
  • Take out cover online in just five minutes – even for projects that have already started
  • Personal support – you decide when and how you want us to help
  • Worldwide cover – you decide where and for whom you work

General Liability Insurance protects your business against claims for personal injury, property damage and the financial losses resulting from them. An accident at a client’s premises, damage to a rented office or an injury during a photoshoot can lead to substantial compensation claims.

With exali, you can include General Liability Insurance in your Professional Indemnity Insurance for Digital Professions. It complements cover for pure financial losses, helping freelancers, self-employed professionals and companies protect their business against everyday liability risks.

Since 2008, exali has specialised in Professional Indemnity Insurance for freelancers and businesses. Our customer consultants help you find suitable cover and support you if a claim arises.
 

  • Modular insurance – choose the cover your business needs, when it needs it
  • Comprehensive protection – wherever your business takes you

 

General Liability Insurance

exali General Liability Insurance
 
General Liability Insurance protects your business against claims for personal injury, property damage and the financial losses resulting from them. An accident at a client’s premises, damage to a rented office or an injury during a photoshoot can lead to substantial compensation claims.

With exali, you can include General Liability Insurance in your Professional Indemnity Insurance for Digital Professions. It complements cover for pure financial losses, helping freelancers, self-employed professionals and companies protect their business against everyday liability risks.

Since 2008, exali has specialised in Professional Indemnity Insurance for freelancers and businesses. Our customer consultants help you find suitable cover and support you if a claim arises.

  • Take out cover online in just five minutes – even for projects that have already started
  • Personal support – you decide when and how you want us to help
  • Worldwide cover – you decide where and for whom you work
  • Modular insurance – choose the cover your business needs, when it needs it
  • Comprehensive protection – wherever your business takes you

General Liability Insurance

exali General Liability Insurance
 
General Liability Insurance protects your business against claims for personal injury, property damage and the financial losses resulting from them. An accident at a client’s premises, damage to a rented office or an injury during a photoshoot can lead to substantial compensation claims.

With exali, you can include General Liability Insurance in your Professional Indemnity Insurance for Digital Professions. It complements cover for pure financial losses, helping freelancers, self-employed professionals and companies protect their business against everyday liability risks.

Since 2008, exali has specialised in Professional Indemnity Insurance for freelancers and businesses. Our customer consultants help you find suitable cover and support you if a claim arises.

  • Take out cover online in just five minutes – even for projects that have already started
  • Personal support – you decide when and how you want us to help
  • Worldwide cover – you decide where and for whom you work
  • Modular insurance – choose the cover your business needs, when it needs it
  • Comprehensive protection – wherever your business takes you
 

What types of damage does General Liability Insurance cover?

General Liability Insurance covers personal injury, property damage and consequential financial losses. These are financial losses resulting from personal injury or property damage. Among digital service providers, personal injury and property damage are relatively uncommon, but the resulting claims can be very expensive. This is why high sums insured are important. exali offers sums insured from € 2 million to € 10 million per insured event for these risks. The following examples illustrate the different types of damage.

Personal injury
While visiting a client’s premises, a freelancer accidentally catches a coworker in the eye with the edge of a clear plastic document sleeve. A retinal injury means that the coworker needs hospital treatment. Medical and hospital costs amount to € 24,000.

Property damage
On a Friday afternoon, employees of a limited company place flowers in a sink to water them and forget to turn off the tap. Overnight, the water floods the server rooms of a data centre on the floor below. Compensation for drying out the premises and the damaged hardware amounts to € 185,000.

Loss of keys
The managing director of a limited company loses a key supplied by the landlord for a rented office in a larger complex. Replacing the locks for the main entrance and the company’s office doors, together with 45 keys, costs € 12,700.

Consequential financial loss
The data centre in the water damage example is unable to operate for eight working days. It suffers a financial loss as a consequence of the property damage. The data centre documents its losses and claims compensation of € 60,000.

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Is General Liability Insurance compulsory?

Insurance requirements depend on your profession and the country in which you operate. Check the rules that apply to your business and any insurance requirements in your client contracts.

Even where it is not compulsory, General Liability Insurance is an important safeguard if you run an office or have direct contact with clients. Personal injury and property damage occur relatively infrequently among digital service providers, but individual claims can be very costly. General Liability cover offers affordable protection against these risks, starting from € 48 net per year plus applicable insurance tax for eligible start-ups.

How is General Liability Insurance structured?

General Liability Insurance combines cover for personal injury, property damage and the resulting financial losses in one module. A common sum insured applies to these types of damage, subject to any specific sublimits in the policy.

Because personal injury and property damage can result in substantial compensation claims, exali offers sums insured from € 2 million to € 10 million per insured event. The agreed sum insured, annual limits and deductible are stated in your policy.

For digital service providers, General Liability Insurance combines a broad range of insured business risks with a comparatively low premium. At exali, it is available as a module within Professional Indemnity Insurance for Digital Professions, alongside Financial Loss Insurance. Together, they protect against claims for pure financial losses as well as personal injury, property damage and resulting financial losses. General Liability cover applies when it is agreed in your policy.

exali General Liability Insurance
 
Do you need help?
 
We call you back
 
info@exali.com
With the experience of over 25,000 customers, exali AG is your personal and competent partner in all matters relating to Professional Indemnity Insurance.
Please feel free to call or write to us.

How does General Liability Insurance help when a claim is made?

General Liability Insurance helps when a third party demands compensation from you for personal injury, property damage or resulting financial losses within the scope of your cover. You do not have to be proven responsible before the insurer examines the claim. An allegation that you caused the damage can already lead to a demand for compensation.

Under General Liability Insurance, the insurer checks whether the claim is justified. If it is unfounded, the insurer defends you through passive legal protection and covers the necessary defence costs under the policy. If the claim is justified, the insurer pays the covered compensation up to the agreed limits and subject to the applicable deductible.

General Liability Insurance therefore helps both when you have caused damage and when you need to defend yourself against an unjustified claim.

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Important technical terms from the insurance world from A to Z:
The glossary puts an end to insurance jargon. Sorted alphabetically, the glossary provides definitions of terms, simple explanations and further information on the most common technical terms.

Insurance babble simply explained

Important technical terms from the insurance world from A to Z:
The glossary puts an end to insurance babble. Arranged according to the most important key words, the glossary provides definitions of terms, simple explanations and further information on the most common technical terms.

 
Do you need help?
 
We call you back
 
info@exali.com
With the experience of over 25,000 customers, exali AG is your personal and competent partner in all matters relating to Professional Indemnity Insurance.
Please feel free to call or write to us.