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Public liability insurance for building owner

If you own a property, your liability is incurred when a third person suffered of injuries or damages to your facility, thereby concluding liability insurance allows you to compensate the injured person..

In short

The public liability contract offered by the MAE is intended to insure the owner’s public liability against any financial consequences that may result from material, immaterial or bodily damage caused to tenants and third parties inside the premises of the building..

In Detail

This insurance covers accidental damage due to:

  • The insured building and outbuildings.
  • Security and maintenance of the building by caretakers, their helpers (and all employees of the insured).
  • The use and operation of elevators.
  • The use of common areas including outdoor lighting, water systems, pipes of the basement.