Liability07

Liability Insurance is one of the most important covers to get to protect your business.

It provides protection against your legal liability to the public and to your employees which may arise from your business activities.


Comprehensive General Liability

This policy covers both legal costs and payouts for which the insured would be responsible if found legally liable. Our policy is designed to cover your legal liability to third parties, including defense costs, arising from injury to people or accidental damage to property as a result of your business activity. Public Liability is mandatory to help protect your business operations and is also part of the Comprehensive General Liability policy.

There are several available cover options to choose from, you can tailor the policy to best meet your business needs. These optional covers include:

• Product Liability

• Pollution Liability

• Excess/Contingent Motor Liability

• Vendors’ Liability

• Advertising Liability

This insurance should be taken out by any business, large or small, that deals directly or indirectly with the public.

Our global expertise can be utilised in litigation matters, our policies are designed to satisfy the requirements of local, overseas or free zone authorities.

Professional Indemnity

This Policy covers Businesses against their legal liability for breach of duty due to negligent act, error or omission during the policy period.

We have developed our Professional Indemnity (PI) cover to better suit your needs based on the services you provide:

1. Architect & Engineers: The policy can be issued for a single project or annual basis.

2. Miscellaneous: Suitable for Accountants, Surveyors, Auctioneers, IT/Computer consultants, Hardware, Software, Media and Marketing, Real Estate agents, Careers advisory services, Beauty, Employment agencies, Building/Facilities management, Graphic designers, Management/Business consultants, Training consultancy and many other professional services outside the area of financial Institutions or financial advice.

Employer’s Liability

This policy covers your statutory liability you as an employer arising from disease, fatality, or injury to employees resulting from workplace conditions or practices.

The policy can be modified to suit your requirements depending on the number of employees and the type of work performed by them.

Management Liability

Management Liability cover is part of the risk management strategy of any successful business. Managers are faced with making decisions on a daily basis and sometimes decisions are made that negatively impact the company or hold managers liable for actual or alleged ‘wrongful acts’. This cover provides financial protection against consequences of bad decision-making and financial loss incurred as a result of that.

Our policy includes covers for:

• Directors & Officers Liability
• Company Reimbursement
• Employment Entity Liability 
• Entity Cover
• Fiduciary Liability

Additional extensions available:

• External/outside boards
• Extended reporting period
• Retired Directors & Officers
• Inquiry costs
• Public relations costs
• Advancement of defence costs

 

For the full list of covers please refer to the policy wording

How to submit your claim

If you would like to submit a claim, our dedicated claims team can help you anytime, anywhere.

Call 800 AXA (292) and one of our customer service representatives will guide you through your claim.

Why AXA Liability Insurance?

  • Instant cover

  • Tailored covers and extensions

  • Fast claim settlements