What is Employer’s Responsibility Insurance for corporate clients?
Employer’s Responsibility Insurance is voluntary liability insurance that covers the employer’s liability for material and non-material damages caused to employees during or in connection with the performance of their employment duties. It covers the employer’s obligation to pay compensation in accordance with applicable legislation when an insured event occurs.
It is suitable for all employers, regardless of their sector of activity, providing financial stability and protection for the company’s assets.
Why choose Euroins for Employer's Responsibility insurance for corporate clients?
- Additional protection for your employees
- Protection for your business against unexpected costs arising from accidental injury or damage caused to your employees
- The option to choose the liability limits under the policy
- Competitive insurance premiums and the option to pay in installments at no additional cost
- A team of professionals and a personalized approach for corporate clients
- Suitable for all types of business activities and industries
What does Employer’s Responsibility Insurance cover for businesses?
Basic coverage
Employer’s Responsibility Insurance provides financial protection for the employer in the event of an occupational accident or occupational disease resulting in injury to an employee.
It covers the compensation payable and related expenses within the limits agreed under the policy, protecting the business from significant financial consequences and legal claims.
At the employer’s discretion, additional coverage can be included under Employer’s Responsibility Insurance to extend the scope of insurance protection and enhance the business’s financial security. This coverage is agreed in combination with the basic coverage and provides extended protection against risks related to occupational diseases.
Basic coverage
- Permanently reduced incapacity;
- Temporary incapacity;
- Death.
We recommend that you extend your coverage with additional risk.
Additional coverage is selected only in combination with the main one.
Additional coverage
- Permanently reduced incapacity;
- Temporary incapacity;
- Death.
Where is Employer’s Responsibility Insurance valid for corporate clients?
On the territory of the Republic of Bulgaria.
Terms and Conditions of Employer’s Responsibility Insurance for corporate clients
For what period is Employer’s Responsibility Insurance taken out?
Employer’s Responsibility Insurance is taken out for a period of 1 year.
What are the liability limits under Employer’s Responsibility Insurance?
The liability limits are agreed upon and specified in the insurance policy.
Where can I take out Employer’s Responsibility Insurance for corporate clients?
You can take out Employer’s Responsibility Insurance at any Euroins office or through our partner insurance intermediaries.
Where can corporate clients pay for Employer’s Responsibility Insurance?
You can pay for Employer’s Responsibility Insurance for corporate clients, including any installment under the policy, at any Euroins office, through our partner network, by bank transfer, or online at www.euroins.bg.
Necessary documents for taking out insurance:
- Questionnaire
- List of insured persons - when insuring a group of persons
- Other documents - additional documents requested in connection with the issuance of a policy or an addendum to it (including licenses, a copy of registration coupons)
Frequently asked questions
How can I pay the insurance policy premium?
or on-site at any Agency of Euroins Insurance JSC, as well as by bank transfer to the account specified in your insurance policy.
When paying by bank transfer, it is necessary to quote the number of your insurance policy in the payment order.
Who is Employers’ Liability Insurance intended for?
It is suitable for companies across all sectors, including industry, construction, transportation, logistics, services, and trade.
Why is Employer’s Liability insurance important for businesses?
How should an employer proceed in the event of an insured incident?
- Notify the insurer in writing within the agreed deadlines;
- Provide the necessary documents proving the occurrence and the extent of the damages;
- Take reasonable measures to limit the damages, without acknowledging or settling claims independently without the insurer’s consent.