Operation mode of property management liability insurance

Any property manager who has registered in the administrative department for industry and commerce and obtained legal qualifications can be regarded as the insured.

2. Insurance liability

During the insurance period, the insurer shall be responsible for the following losses and expenses caused by property accidents in the areas listed in the insurance policy schedule due to the negligence or fault of the insured in management, as well as the economic compensation responsibilities that should be borne by the insured according to law:

1) Personal injury or property loss to a third party;

2) Litigation expenses with the prior written consent of the insurer;

3) Necessary and reasonable expenses paid by the insured to reduce or reduce the liability for personal injury or property loss to a third party after the insurance liability accident.

The amount of claims is the second standard, and the total amount of compensation for each accident shall not exceed the compensation limit for each accident listed in the insurance policy schedule.

3. Exemption from liability

The insurer shall not be liable for the losses, expenses and liabilities caused by the following reasons:

1) Intentional behavior of the insured and its representatives;

2) War, hostile acts, military acts, armed conflicts, strikes, riots, theft and robbery;

3) Confiscation and requisition by relevant government departments;

4) Nuclear reaction, nuclear radiation and radioactive pollution;

5) Shake, move or weaken the support;

6) Earthquake, lightning strike, storm, flood, volcanic eruption, underground fire, tornado, typhoon and other natural disasters. However, except for losses that should not occur in case of disasters caused by poor management and maintenance of the insured;

7) Air, land, water pollution and other pollution;

8) Directly or indirectly due to Y2K problem;

9) The liability of the insured for the agreement that has not been approved by the relevant government departments and approved by the insurer in writing;

L0) Personal injury or death of the insured or its representatives and employees, as well as non-property property losses owned or not owned by the above-mentioned persons but kept or controlled by them;

1 1) fines, liquidated damages, fines or punitive damages;

12) free of compensation, which shall be borne by the insured according to the insurance policy schedule or relevant provisions;

13) indirect losses such as production stoppage and production reduction caused by insurance liability accidents;

14) mental damage.