Civil Liability of Public Officials Insurance

This insurance covers the legal and financial responsibilities of public officials for damage they may cause through their actions or omissions to third parties. Here’s a detailed breakdown:

Scope of Coverage:

• Public Officials: This includes individuals holding public office or official positions within government or public sector organizations.
• Types of Damages Covered: The insurance addresses financial liabilities arising from errors, negligence, or misconduct in the performance of their official duties.
• Third Parties: Coverage extends to any individual or entity that may be affected by the public official’s actions. This includes:

Legal Actions:

• The insurance covers instances where third parties take legal action against the public official, claiming damages resulting from the official’s conduct.

Types of Claims Covered:

• Acts or Omissions: This includes both active actions taken by the official and failures to act where required, leading to harm or loss.
• Damage to Third Parties: The policy covers damages claimed by third parties as a result of the official’s performance of their duties.

Purpose of Coverage:

• The insurance aims to protect public officials from financial liability resulting from their professional activities and to ensure they have coverage in case of legal disputes arising from their official conduct.

What Influences the Price of the Policy?

• Coverage Amount: The total limit of liability provided by the policy.
• Sub-Limits: Specific limits set for different types of losses covered under the policy.
• Establishment Type and Function: The nature and role of the organization or establishment seeking coverage.
• Organizational Structure: Details about the establishment's structure, including the number of employees.
• Types of Insured Losses: The specific kinds of losses that the policy covers.
• Policy Excess: The amount that must be paid out of pocket before the insurance coverage applies.
• Previous Loss History: The track record of past claims and losses associated with the establishment.