What does property liability insurance cover?

Property managers who have registered in the administrative department for industry and commerce and obtained legal qualifications can be regarded as the insured.

2. Mainly responsible for

During the insurance period and within the insurance area, if the insured causes personal injury or property loss to a third party due to negligence, the insured shall be liable for compensation according to law.

3. The litigation expenses agreed by the insurance company in writing in advance.

Necessary and reasonable expenses paid by the insured to reduce or reduce the liability for compensation after the insured accident.

4. Exemption from liability

Intentional behavior of the insured or his representative; Confiscation and requisition by state organs; Shake, move or weaken the support; Losses, expenses and responsibilities caused by air, land, water pollution and other pollution.

The responsibilities assumed by the insured under the agreement without the approval of the relevant government departments and the written approval of the insurer; Personal injury, death and property loss of the insured or its representative and its employees;

1. What is property management liability insurance?

Property management liability insurance means that insurance companies collect insurance premiums from property management companies, and bear the economic compensation liability for personal injury or property loss caused by the negligence or negligence of the property management companies participating in property management liability insurance according to law.

Second, the economic compensation function is the basis of insurance, which can best reflect the characteristics and core competitiveness of the insurance industry. It is reflected in two aspects:

1. Property insurance compensation: Insurance refers to the compensation according to the scope of responsibility and insurance amount agreed in the insurance contract and the actual loss amount at the time of specific disasters and accidents within the validity period of insurance. Through compensation, the actual loss of existing social wealth caused by disasters and accidents is compensated in value, and the use value is restored, so that the process of social reproduction can continue. This kind of compensation includes not only the compensation for economic losses caused by natural disasters or accidents, but also the economic compensation for the insured's liability for economic compensation to a third party according to law, and also the compensation for economic losses caused by breach of contract in commercial credit.

2. Payment of life insurance: The insured amount of life insurance is determined by the insured through consultation with the insured according to the insured's needs for life insurance and the insured's ability to pay.