Fines or court costs in lawsuits resulting in conviction of the insured,
Claims for coverage for damage or injury suffered by the insured,
Claims for expenses incurred by family members for personal use,
Claims arising from the defective performance of a contractual clause or even the non-performance of a contractual clause,
situations of proven bad faith or ill will on the part of the insured.

What happens if an incident occurs? How do you use the insurance?

Contracts are often made as a legal precautionary measure, insuring two or more parties involved in a given economic context. The contract is made in the form of articles and clauses, which benefit equally both the beneficiary and the provider or seller of a particular service or product.

The contract is the document that assures you as the seller that the recipient pays you for your services or products, according to the terms and conditions agreed. On the other hand, the beneficiary enjoys the privilege of the guarantee of a legal form, as an extra measure of security of a correct choice.

The contract is therefore a measure which should provide both a safety net and a certainty of good faith. Sometimes, however, it can happen that a contract is not respected by a third party, and that is the starting point for a dispute.

In most cases, disputes are settled amicably, without the need for the courts to provide the process of ascertaining who is injured and establishing damages. Others, however, require assistance, and in order to get through these situations more easily, contractual liability insurance may be a solution.

Leader Team Broker’s contractual liability insurance helps you when, from a legal, contractual point of view, certain conditions for carrying out an economic activity are not met. For example, a breach of contract can mean the defective delivery of products, the defective provision of a service, the misuse of information, an incorrectly made product that does not meet your standards or needs, a poorly made construction, and the list could go on.

There are many situations that a contractual liability policy can cover, and the needs grow as the commercial and economic sector evolves. It’s still comforting to know that you can protect yourself from unwanted situations and enjoy a little help when you need it.

The conclusion of the contractual liability insurance policy implies the execution of the policy by a Leader Team Broker consultant and the payment of the insurance premium in instalments. The insurance will become active after registration of the payment, starting from the day after signing the policy contract. It is important that you respect payment deadlines to make sure that you benefit from the insurance when you need it. In addition, correct payment is also proof of good faith in your desire to be insured against unwanted incidents.

In order to use the insurance, you will need to ask our consultants to verify the situation for which compensation is claimed in the form of a claim form. Our consultants are operational and will help you as soon as possible with the analysis and the solutions to cover the damage.

You will also need supporting documents, which you will have to attach to the claim, to make the road to an effective solution as easy as possible. The written request of the injured parties will also have to be submitted to the consultants and operators of Leader Team Broker.

A good guard overcomes a bad danger, as the saying goes, and in the case of insurance, this is as true as can be. We don’t want to have incidents, especially in the business environment, but we want businesses or organisations to grow harmoniously, without incident.

However, sometimes it can happen that this can be countered by that one situation that can turn things upside down. But you don’t have to worry, because you have an ally who can help you with compensation in situations that are beyond your control or occur without malice.

So, analyse the offers and contact us to help you with the optimal contractual liability insurance solution for you. Time doesn’t solve everything, so don’t let time pass, especially when it comes to contractual disputes. Don’t let small incidents put your business in the shade, but put your trust in us so you can take care of the things that really matter to you and your business.

Example of Insurance requests

During the Term and for two years thereafter, Service Provider shall, at its own expense, maintain and carry insurance in full force and effect with insurance companies having an AM Best rating of A-/VII or better, that includes, but is not limited to, commercial general liability with limits no less than $1,000,000 per occurrence and $2,000,000 in the aggregate, including bodily injury and property damage and completed operations and advertising liability, which policy will include contractual liability coverage insuring the activities of Service Provider under this Agreement.

If it shall have any employees providing services for Customer that involves the use of an automobile, Service Provider shall also provide evidence of Automobile Liability with a minimum combined single limit of $1,000,000. If it shall have any employees providing services for Customer, Service Provider shall also provide statutory workers ; compensation insurance and employer’s liability with limits no less than $500,000 bodily injury accident and $500,000 bodily injury by disease each employee covering those employees. Service Provider shall provide Customer with a certificate of insurance from Service Provider insurer evidencing the insurance coverage specified in this Agreement.

The certificate of insurance shall name Customer as an additional insured with respect to the commercial general liability, automobile liability and umbrella liability policies (as applicable). Service Provider shall provide Customer with 30 days advance written notice in the event of a cancellation or material change in Service Provider insurance policy(ies). Except where prohibited by law, Service Provider shall require its insurer to waive all rights of subrogation against Customer insurers and Customer or the Indemnified Parties.

We understand the importance of seamless product or service reception and the need for long-term satisfaction without encountering hidden problems. Our comprehensive liability insurance coverage extends to various sectors, including production workshops, construction and interior design, laundries and dry cleaners, and repair shops.

We also recognize the significance of the employer-employee relationship and the unforeseen circumstances that may arise despite adhering to labor protection and medicine requirements. Our liability insurance safeguards both employers and employees, providing coverage for work accidents and any expenses that may arise due to company fault.

At Leader Team Broker, we offer specialized product and manufacturer liability insurance tailored to manufacturers who provide products that may pose risks to users. We understand that even with stringent safety measures, certain situations can arise. Whether it’s a certified candle production workshop with potential hazards or any other product that may inadvertently cause harm, our insurance coverage ensures compensation for users affected by such incidents.

Additionally, we provide tenant liability insurance that safeguards both tenants and landlords. This type of insurance covers damages and deteriorations that may occur within rented and exploited spaces. With a wide range of beneficiaries, including production agents, commercial services, office spaces, and professional units, our civil liability insurance policies cater to diverse needs and lifestyles.

When it comes to general and professional liability insurance, Leader Team Broker is dedicated to protecting your business, employees, and relationships. We understand the challenges of handling situations involving employee injuries and aim to alleviate your worries by offering comprehensive coverage that safeguards both your business profitability and your employees’ well-being.

Our liability insurance coverage goes beyond verbal apologies, allowing you to maintain professional relationships and prevent unpleasant situations. We prioritize the protection of the truly important things in your life and business. Choose Leader Team Broker for media liability, advertising liability, commercial general liability, umbrella liability, management liability, D&O liability insurance, intellectual property rights, property damage liability, privacy liability, directors and officers liability, and employment practices liability.

Contact us today, and together, we’ll find the best solution tailored to your specific needs. Let Leader Team Broker be your partner in securing a worry-free future.